Key Terms 7 - The Distribution of Income and Wealth: Poverty and Inequality Flashcards

1
Q

Equity

A

When everyone is treated fairly.

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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.

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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.

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