1- Identify four factors that are involved in economic inequality in the United States
2- Discuss four types of social mobility in United States in detail
3-Define the following concepts: wealth, income, inequality
4- Discuss the concept of social class in detail
Economic inequality refers to the unequal distribution of opportunities and income amongst the people in a country. It is a major concern in the current economy as the gap between the poor and the rich continues to widen.
Answer and Explanation: 1
1. Four factors that are involved in the economic inequality in the United States are globalization, technological advances, wage inequality and...
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fromChapter 10 / Lesson 5
Compare and contrast developed vs. developing countries. Discover what makes a country developed, and see differences between developed and developing countries.