how many pursue equality and minimise inequality in different spheres of life?
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There are three main types of economic inequality:
Income Inequality. Income inequality is the extent to which income is distributed unevenly in a group of people. Income. ...
Pay Inequality. A person's pay is different to their income. Pay refers to payment from employment only. ...
Wealth Inequality.
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Related concepts are lifetime Inequality (inequality in incomes for an individual over his or her lifetime), Inequality of Wealth (distribution of wealth across households or individuals at a moment in time), and Inequality of Opportunity (impact on income of circumstances over which individuals have no control, such ...
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