Redistribution refers to the process of reallocating resources, wealth, or opportunities within a society to promote fairness and reduce inequality. This can involve government policies that tax the wealthy and provide support to those in need, such as through social programs or public services. The goal is to ensure that everyone has access to basic necessities and a chance to improve their quality of life.
In many countries, redistribution is a key aspect of economic policy. For example, progressive taxation systems take a larger percentage from higher incomes, while welfare programs offer assistance to low-income families. By balancing resources, societies aim to create a more equitable environment for all citizens.