Overview
Economic inequality is a pressing issue that affects societies worldwide. State-level responses are crucial in addressing this challenge through various policies and programs aimed at reducing disparities in wealth and income. By implementing welfare programs, progressive taxation, and education fun...
Key Terms
Example: The wealth gap between the richest and poorest citizens.
Example: Food stamps and unemployment benefits.
Example: Higher income earners pay a larger percentage of their income in taxes.
Example: A state may set a minimum wage of $15 per hour.
Example: Healthcare and education funding.
Example: The Gini coefficient measures income distribution.