Key Terms 7 - The Distribution of Income and Wealth: Poverty and Inequality Flashcards
1
Q
Equity
A
When everyone is treated fairly.
2
Q
Distribution of Income
A
How income is divided between rich and poor, or between different groups in society, e.g. on a regional, age or gender basis.
3
Q
Distribution of Wealth
A
How wealth is divided between rich and poor, or between different groups in society, e.g. on a regional, age or gender basis.