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Q: What are the effects of wealth inequality?
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What were the causes and effects of social inequality?

Causes of social inequality can include factors such as unequal access to education, employment opportunities, wealth distribution, and discrimination based on factors like race, gender, or socio-economic status. Effects of social inequality can manifest in disparities in income, health outcomes, education achievement, and overall quality of life, leading to social unrest, decreased social cohesion, and hindered economic growth.


How is it possible that Poverty and Inequality continues in a supposed wealth producing world?

Because the wealth is given to very few. It being human nature not to share something good, inequality is created and since the wealth is never given to the poor, so is poverty.


What are the issue related with income distribution?

Corruption, wealth inequality, illiteracy.


What type of consumption reflects economic inequality and contributes to social inequity?

Conspicuous consumption.Which refers to spending on expensive goods and services in order to signal wealth to others. The correlation between wealth and superiority is one way economic inequality can lead to social inequality.


What does spatial inequality mean?

An unequal distribution or wealth or resources over a geographic area


Define spatial inequality?

A:unequal distributions of wealth and resources in a specific geographic area


What is a condition in which members of a society have different amounts of wealth prestige or power?

Social inequality is a condition in which members of a society have different amounts of wealth, prestige, or power. This can lead to disparities in opportunities and resources among individuals or groups within the society.


What is Andrew Carnegie's perspective on wealth and inequality in industrial society?

Andrew Carnegie believed in the concept of "the Gospel of Wealth," which argued that wealthy individuals had a responsibility to use their wealth to benefit society. He believed that inequality was natural in society but could be justified if the wealthy used their resources for the greater good. He emphasized the importance of philanthropy and believed that the wealthy should donate their wealth for the betterment of society.


What has the author MICHAEL DUNFORD written?

MICHAEL DUNFORD has written: 'AFTER THE THREE ITALIES: WEALTH, INEQUALITY AND INDUSTRIAL CHANGE'


How a financial manager can maximize the wealth of shareholders?

effects of donations and sponsership on maxsimising shareholders wealth?


Which is distributed more unequally in US income or wealth?

Wealth is distributed more unequally in the US compared to income. The top 1% of households in the US hold a disproportionate amount of the nation's wealth, with a significant wealth gap between the richest and poorest individuals. This inequality in wealth distribution has long-term implications for economic stability and social mobility.


What percent of US wealth do the rich 1 percent control?

The top 1% of the wealthiest Americans control about 40% of the country's wealth. This disparity in wealth distribution has been a topic of debate, especially in discussions about income inequality and economic opportunities.