Question

WHAT IS ECONOMIC INEQUALITY?​

Answer 1

Answer:

Economic inequality is the unequal distribution of income and opportunity between different groups in society. It is a concern in almost all countries around the world and often people are trapped in poverty with little chance to climb up the social ladder.

Explanation:

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Answer 2

Answer:

Economic inequality is the unequal distribution of income and opportunity between different groups in society. It is a concern in almost all countries around the world and often people are trapped in poverty with little chance to climb up the social ladder. But, being born into poverty does not automatically mean you stay poor. 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. Several countries are also now exploring whether a universal basic income could be the answer.

The global coronavirus pandemic is likely to further inequalities as travel restrictions, nationwide lockdowns, and the virus itself affect people within and across nations in widely varying ways.

Explanation:

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