For Each Historical Identification Question, Define the Term and Briefly

question 105

Short Answer

For each historical identification question, define the term and briefly describe its historical significance.
-Septimius Severus

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Definitions:

Disposable Income

The amount of money that households have available for spending and saving after income taxes have been accounted for.

Inequality

The unequal distribution of income, wealth, opportunities, and other economic variables within a society.

Countries

Geographically and politically defined areas, recognized as distinct entities in political geography.

Income Inequality

The uneven distribution of income within a population, often leading to social and economic issues.