Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
Income Inequality
B
Economic Growth
C
Poverty Rate
D
Wealth Accumulation
Understanding the Answer
Let's break down why this is correct
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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