Wealth Distribution

Definition

Wealth distribution refers to how economic resources (such as money) are allocated among individuals or groups within a society. It examines the patterns of income and wealth accumulation and the disparities that may exist between different segments of the population.

Related terms

Income Inequality: The extent to which income is unevenly distributed among individuals or households within a specific area or country.

Wealth Gap: The disparity in assets (such as property, investments, savings) and net worth between different socioeconomic groups.

Poverty Line: A threshold set by the government to define the minimum level of income deemed necessary for individuals or families to meet their basic needs.