1- Identify four factors that are involved in economic inequality in the United States 2-...

Question:

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:

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

Become a Study.com member to unlock this answer!

View this answer

1. Four factors that are involved in the economic inequality in the United States are globalization, technological advances, wage inequality and...

See full answer below.


Learn more about this topic:

Loading...
Economic Inequality: Differences in Developed and Developing Nations

from

Chapter 10 / Lesson 5
273K

Compare and contrast developed vs. developing countries. Discover what makes a country developed, and see differences between developed and developing countries.


Related to this Question

Explore our homework questions and answers library