Wealth Disparity
Wealth disparity refers to the unequal distribution of assets and resources among individuals or groups within a society. This gap can be measured in terms of income, property ownership, and access to financial opportunities. Factors contributing to wealth disparity include education, employment opportunities, and systemic inequalities.
The effects of wealth disparity can be significant, leading to social tensions and reduced economic mobility. Communities with high wealth disparity often experience challenges such as limited access to quality education and healthcare, which can perpetuate the cycle of poverty. Addressing this issue requires comprehensive policies aimed at promoting equity and opportunity for all.