Income inequality refers to the uneven distribution of income among individuals or groups within a society. It means that some people earn significantly more than others, leading to a gap between the wealthy and the less fortunate. This disparity can be influenced by various factors, including education, job opportunities, and economic policies. The effects of income inequality can be seen in areas such as access to healthcare, education, and overall quality of life. When income is concentrated in the hands of a few, it can limit social mobility and create barriers for those at the lower end of the income spectrum, impacting the overall economic health of a community.