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Identify the Following Terms

question 104

Short Answer

Identify the following terms.
-Ashanti


Definitions:

Greater Inequality

This term refers to an increasing gap between the wealthiest and the poorest portions of a population, which can impact socio-economic stability.

Household Income

The combined gross income of all members of a household, defined as a group of individuals living together and sharing expenses.

Income Inequality

The unequal distribution of income among individuals or groups within a society or between countries.

Growing Income Inequality

The increasing gap in economic resources and wealth between the richest and the poorest individuals in a society or globally.

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