Question

what is income equality?

Answer 1

Income equality may refer to: ... Economic inequality, differences in the distribution of wealth and income within or between populations or individuals. Distribution of wealth, comparison of the wealth of various members or groups in a society.

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Answer 2

Answer:

Income inequality in India refers to the unequal distribution of wealth and income among its citizens. ... This trend is going in the upward direction every year, which means the rich are getting richer at a much faster rate than the poor.

Explanation:

Income inequality exists when there is an unequal distribution of incomes across various groups of individuals and households in an economy. ... For example, we may say that the top ten percent of earners represent fifty percent of a country's total income.