Question

what is the meaning of economic inequality

Answer 1

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]

Answer 2

Economic inequality is distribution of income and opportunity unequally between different groups in society. It concern in almost all countries around the world and people will be trapped in property with little chance to climb up in society