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The Kuznets curve shows that industrial societies have the greatest social stratification.
Income Redistribution
Economic policies or mechanisms aimed at leveling the distribution of wealth or income in a society by transferring money from the richer sections to the poorer ones.
Income Inequality
A measurement showing the distribution of income among individuals or households in a society that highlights the gap between the rich and the poor.
Wealth Distribution
The comparative distribution of wealth across or within nations, showing how assets or wealth are shared among the population.
Income
Represents the money received by a person or entity in exchange for labor, services, or investments during a specific period.
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