📚 Learning Guide
Income Disparities in Nations
easy

What term describes the unequal distribution of income among individuals or groups within a society or country?

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Learning Path
Learning Path

Question & Answer
1
Understand Question
2
Review Options
3
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4
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Choose the Best Answer

A

Income Inequality

B

Economic Growth

C

Poverty Rate

D

Wealth Accumulation

Understanding the Answer

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Answer

The term that describes the unequal distribution of income among individuals or groups within a society or country is "income inequality. " This means that some people earn a lot more money than others, which can create a gap between the rich and the poor. For example, in a country where one person makes a million dollars a year while another person struggles to get by on twenty thousand dollars, this difference shows significant income inequality. Such disparities can affect people's access to education, healthcare, and overall quality of life. Understanding income inequality is important because it helps us address social issues and work towards a fairer society for everyone.

Detailed Explanation

Income inequality means some people earn much more than others. Other options are incorrect because Some might think economic growth means everyone gets richer; The poverty rate shows how many people live in poverty, not how income is shared.

Key Concepts

income inequality
Topic

Income Disparities in Nations

Difficulty

easy level question

Cognitive Level

understand

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