Asked by

Lalita Matta
on Nov 26, 2024

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Which is correct?

A) Wealth is less equally distributed than income and therefore increases income inequality.
B) Wealth is more equally distributed than income and therefore increases income inequality.
C) Wealth is less equally distributed than income and therefore decreases income inequality.
D) Wealth is more equally distributed than income and therefore decreases income inequality.

Income Inequality

A measurement showing the distribution of income among individuals or households in a society that highlights the gap between the rich and the poor.

Wealth Distribution

The comparative distribution of wealth across or within nations, showing how assets or wealth are shared among the population.

Income

Represents the money received by a person or entity in exchange for labor, services, or investments during a specific period.

  • Highlight the differences in the concepts of income and wealth, focusing on how they are spread out.
  • Debate the societal and economic repercussions of imbalances in wealth and income.
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Christian MorseDec 01, 2024
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