Inequality And Wealth Distribution Questions
Inequality refers to the unequal distribution of resources, opportunities, and benefits among individuals or groups within a society. It can manifest in various forms such as income inequality, wealth inequality, educational inequality, and social inequality.
Wealth distribution specifically refers to the way in which wealth or financial assets are distributed among individuals or households within a society. It examines the concentration or dispersion of wealth and the disparities that exist in terms of who possesses the majority of wealth and who has limited or no access to it. Wealth distribution is often measured through indicators such as the Gini coefficient, which quantifies the level of inequality in a given society.