Short note on economic in equality of india
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economic I forget sry..........
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Economic inequality is the difference found in various measures of economic well-being among individuals in a group, among groups in a population, or among countries. Economic inequality sometimes refers to income inequality, wealth inequality, or the wealth gap. Economists generally focus on economic disparity in three metrics: wealth, income, and consumption.[1] The issue of economic inequality is relevant to notions of equity, equality of outcome, and equality of opportunity.[2]
Economic inequality varies between societies, historical periods, economic structures and systems. The term can refer to cross-sectional distribution of income or wealth at any particular period, or to changes of income and wealth over longer periods of time.[3] There are various numerical indices for measuring economic inequality. A widely used index is the Gini coefficient, but there are also many other methods.
Research suggests that greater inequality hinders long term growth.Whereas globalization has reduced global inequality (between nations), it has increased inequality within nations.
Economic inequality varies between societies, historical periods, economic structures and systems. The term can refer to cross-sectional distribution of income or wealth at any particular period, or to changes of income and wealth over longer periods of time.[3] There are various numerical indices for measuring economic inequality. A widely used index is the Gini coefficient, but there are also many other methods.
Research suggests that greater inequality hinders long term growth.Whereas globalization has reduced global inequality (between nations), it has increased inequality within nations.
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