
Definition: Income Inequality is a wide gap between the money earned by the richest people compared to the poorest.
Why Income Inequality Matters: Income inequality is linked to economic, people's well-being, migration, discrimination, and growth of a country. Consequently, when income inequality is high, it might result in violence and tension between society.
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This page was originally developed by Loan Nguyen.
First published: Summer 2020
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