Question

What does vertical inequality refer to?

1. Vertical inequality refers to inequality among different countries.
2. Vertical inequality refers to inequality among individuals or households.
3. Vertical inequality is only concerned with the distribution of wealth.

• A. ii only
• B. ii, iii
• C. i only
• D. i, iii

Answer 1

Answer:

A. ii only

• Vertical inequality refers to inequality among individuals or households.

• The nature and extent of vertical inequality are important for a number of reasons.

• One is that of creating a just society because happiness tends to be higher in an egalitarian or more equal society.