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Definitions:

Income Inequality

The uneven distribution of income within a population, leading to financial disparity among its members.

Official Definition

An explicitly stated and widely accepted explanation or meaning of a word or concept, often provided by a reputable or governing authority.

Low-Income Cut Off

A threshold used by researchers and policymakers to define the income level below which a family or individual is considered to be living in poverty.

Poverty

The state of having insufficient financial resources to meet the basic needs of living, including food, shelter, and healthcare.

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