How is diversity different from inequality?
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Diversity means having a heterogeneous population with different preferences, different backgrounds, different skills. ... Inequality means having a heterogeneous set of economic outcomes, like income, wealth, or consumption. If you have a diverse population, that will naturally engender some inequality.
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Diversity means having a heterogeneous population with different preferences, different backgrounds, different skills. ... Inequality means having a heterogeneous set of economic outcomes, like income, wealth, or consumption. If you have a diverse population, that will naturally engender some inequality.
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