This refers to the uneven allocation or access to resources among different groups in society. It can be based on factors such as wealth, power, race, or geography.
Imagine a pizza party where one person gets half the pizza while five others have to share the other half. The person with half the pizza represents a small group with a large portion of resources, while the five others represent larger groups with fewer resources.
Wealth Inequality: This is when wealth is distributed unevenly among different groups in society.
Income Disparity: This refers to the gap between those who earn high incomes and those who earn low incomes.
Social Stratification: This is a system by which societies categorize people into rankings based on factors like wealth, occupation, race, and education.
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