Which term highlights the uneven distribution of wealth and income in a society?

Prepare for the IGCSE Geography Urban Environments Exam. Access flashcards and quizzes with hints and detailed explanations. Get ready to succeed!

The term that highlights the uneven distribution of wealth and income in a society is economic inequality. This concept refers to the disparities that exist between different individuals or groups regarding their financial resources. Economic inequality can manifest in various forms, including differences in income levels, access to education, employment opportunities, and overall quality of life.

Understanding economic inequality is crucial as it has significant implications for social cohesion and economic stability. For instance, high levels of economic inequality can lead to social unrest, limit economic mobility, and create barriers to education and health services for lower-income populations.

While relative poverty refers to individuals or families' economic status in relation to the overall economic context of a society, and class stratification describes the hierarchical arrangement of social classes based on wealth or income, they are more specific concepts within the broader framework of economic inequality. Wealth equity, on the other hand, focuses on fairness in wealth distribution rather than acknowledging the existing disparities that economic inequality encompasses.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy