Inequality in Chile
Economic and social inequality in Chile is a problem that has been dragg on for many years, one of its main causes being the economic crisis of 1973 and the modification of the countrys economic model by the military dictatorship of Augusto Pinochet. This modification brought changes such as: reduction of taxes and inequality in what each company must pay to the state (there are hundreds of cases where multimillion dollar companies must pay a tax much lower than what a small company must pay), close of national industries and the admission of oligopolies, which consists of a form of market where the market is dominated by large companies and few, giving room for price collusion. A example direct of this for a student and future pharmacist is that 90% of the pharmaceutical market is dominated by 3 large chains: Farmacias Ahumadas, Farmacias Cruz Verde and Salcobrand, which have coluded with their high prices on multiple occasions. Another major cause of inequality in Chile, specifically...