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Income Inequality
The unequal distribution of income within a population, often measured by various statistical means like the Gini coefficient.
Earnings Received From Wealth
Income generated from assets owned, such as dividends from stocks, interest on bonds, or rent from property.
Reduction In Income Inequality
Refers to efforts or policies aimed at decreasing the disparity in income distribution among a population, thereby promoting economic fairness.
Transfer Payments
Payments made by the government to individuals or other entities without receiving any goods or services in return, such as welfare benefits or social security.
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