Explain economically why there is a different outcome in wealth?

Explain economically why there is a different outcome in wealth?

Chile and Venezuela are capitalist systems; however, the wealth of both countries varies significantly. Based on the different outcomes, explain economically why there is a different outcome in wealth? How does income inequality play a role in each country’s wealth outcome?

Post your initial response (of at least 250 words that include the repeated questions)

Requirements: 250 words.   |   .doc file

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