Question

describe the inequality on the basis of financial status​

Answer 1

Answer:

Economic inequality is the unequal distribution of income and opportunity between different groups in society. ... Education, at all levels, enhancing skills, and training policies can be used alongside social assistance programs to help people out of poverty and to reduce inequality.

Explanation:

Answer 2

Answer:

Economic inequality in India is a challenge before democracy because it is badly influencing the civic, political and social life of the citizens. The rich class is enjoying luxurious life while the vast majority is perpetually growing under poverty and unemployment. Thus, economic inequality is polluting the whole democratic system in India and therefore democracy has to take responsibility to reduce poverty and make all basic amenities available for the poor.

Explanation: