4.2.2 Inequality Flashcards

1
Q

Income inequality

A

Uneven distribution of income among individuals or households.
-Reflects disparities in earnings from wages, salaries, investments, and government transfers.

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2
Q

Wealth inequality

A

Unequal distribution of assets among individuals or households
-Reflects disparities in accumulated financial resources and net worth.

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3
Q
A
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