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Definition of Income inequality

Income inequality Definition from Encyclopedia Dictionaries & Glossaries
Wikipedia English - The Free Encyclopedia
Economic inequality (also described as the gap between rich and poor, income inequality, wealth disparity, wealth and income differences or wealth gap) is the difference between individuals or populations in the distribution of their assets, wealth, or income. The term typically refers to inequality among individuals and groups within a society, but can also refer to inequality among countries. The issue of economic inequality involves equity, equality of outcome, equality of opportunity, and life expectancy.

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