Written by the Fiveable Content Team โข Last updated September 2025
Written by the Fiveable Content Team โข Last updated September 2025
Definition
Income inequality describes the extent to which income is distributed unevenly among a population. It highlights the gap between the rich and the poor, with significant implications for access to resources and opportunities.
Related terms
Wealth Disparity: This refers to the uneven distribution of assets among residents of an area, encompassing everything from property to stocks.