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Review:

Income Inequality

overall review score: 2.5
score is between 0 and 5
Income inequality is the unequal distribution of income among individuals in a population.

Key Features

  • Gini coefficient
  • Wealth gap
  • Poverty rates
  • Social mobility

Pros

  • Can create motivation for individuals to work harder
  • Can incentivize innovation and entrepreneurship

Cons

  • Can lead to social unrest and instability
  • Can perpetuate cycles of poverty

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Last updated: Mon, Jan 6, 2025, 01:49:55 PM UTC