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Wealth and inequality

Wealth and inequality

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Answer #1

Ans:-Wealth inequality is otherwise known as wealth gap.Wealth inequality is the unequal supply/distribution of oassets between citizens .Wealth contains the individual income,value of houses,personal valuables,trades or business,personal investiments and savings etc.Wealth inequality is a result of difference in income.In the United States,wealth inequality is more noticeable than income inequality.Wealth inequality is a result of changes in revenue/income. The reasons causes to the wealth gap is wage difference(that determined by the level of education),sex difference(males get more wage than females),technological improvement and personal skills etc.

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