Economics Income Inequality Questions
The impact of income inequality on social services is that it can lead to a strain on the resources available for these services. When there is a large gap between the incomes of the rich and the poor, it can result in limited funding for social programs such as healthcare, education, and welfare. This can make it difficult for those in lower income brackets to access necessary services and support, exacerbating social and economic disparities. Additionally, income inequality can also contribute to social unrest and political instability, further impacting the provision of social services.