US History – 1865 to Present
Economic inequality refers to the disparity in wealth and income distribution among individuals or groups within a society. This concept is crucial in understanding the social and economic landscape, highlighting the gap between the rich and poor, which often leads to significant disparities in opportunities and living conditions. Economic inequality is influenced by various factors such as industrialization, social policies, and access to education, shaping the dynamics of class relations and affecting reforms aimed at addressing these disparities.
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