Economic inequality

Economic inequality is an umbrella term for three concepts: income inequality, how the total sum of money paid to people is distributed among them; wealth inequality, how the total sum of wealth owned by people is distributed among the owners; and consumption inequality, how the total sum of money spent by people is distributed among the spenders. Each of these can be measured between two or more nations, within a single nation, or between and within sub-populations (such as within a low-income group, within a high-income group, and between them, within an age group and between inter-generational groups, within a gender group and between them, etc.), either from one or from multiple nations.

Source: Wikipedia — Economic inequality (CC BY-SA 4.0)

Economic inequality

Economic inequality is an umbrella term for three concepts: income inequality, how the total sum of money paid to people is distributed among them; wealth inequality, how the total sum of wealth owned by people is distributed among the owners; and consumption inequality, how the total sum of money spent by people is distributed among the spenders. Each of these can be measured between two or more nations, within a single nation, or between and within sub-populations (such as within a low-income group, within a high-income group, and between them, within an age group and between inter-generational groups, within a gender group and between them, etc.), either from one or from multiple nations.

Source: Wikipedia "Economic inequality" · CC BY-SA 4.0

Share this article: X · Bluesky
Privacy Policy