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Essay

Impacts of Income Inequality and its Relevance to Labor and the Global Economy
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8

February 2024

2023/2024

A
The income inequality issue describes the unequal distribution of wealth within a society. The more significant the income gap, the more unequally it is distributed. Wealth disparity, or the unequal allocation of wealth, sometimes occurs with inequalities in income. Income disparity may be shown in various ways, including the stratification of individuals by gender and ethnicity.
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