Economic Inequality and it's tyes

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Economic Inequality :-

The unequal distribution of opportunity and income in between different groups of people.

The Economic Inequality is mostly measured for the distribution of income and wealth.


Types of Economic Inequality :-

(1)- Income Inequality

(2)- Wealth Inequality

(3)- Pay Inequality


 (1)- Income Inequality :-

Income inequality means the unequal distribution of income or money in a group of people.

(2)- Wealth Inequality :-

Wealth inequality means the unequal distribution of assets in a group of people.

(3)- Pay Inequality :- 

Pay inequality means the difference between people's pay in a company.

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