📚 Learning Guide
Income Disparities in Nations
easy

Which of the following statements best describes wealth distribution in nations with high income disparities?

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Choose the Best Answer

A

Wealth is evenly distributed among all citizens.

B

A small percentage of the population holds a large portion of the total wealth.

C

Middle-income earners make up the majority of the wealthy class.

D

Wealth distribution is unaffected by government policies.

Understanding the Answer

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Answer

Wealth distribution in nations with high income disparities is often very uneven, meaning that a small number of people hold a large portion of the wealth while many others have very little. This situation can lead to social issues, such as poor access to education and healthcare for those with lower incomes. For example, in a country where the richest 10% control 70% of the wealth, the majority of people might struggle to afford basic needs. This imbalance can create tension and dissatisfaction among the population, as those who are less wealthy may feel left behind. Overall, when income disparities are significant, it can harm both individuals and society as a whole.

Detailed Explanation

In countries with big income gaps, a few people have most of the money. Other options are incorrect because Some might think everyone has the same amount of money; It's a common mistake to believe that most wealthy people are just middle-income earners.

Key Concepts

wealth distribution
Topic

Income Disparities in Nations

Difficulty

easy level question

Cognitive Level

understand

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