Question

Which of the following best describes economic inequality?

1. Economic inequality primarily refers to disparities in income, leading to differences in consumption, nutrition, and living standards.
2. Economic inequality solely focuses on the unequal distribution of political power within a society.
3. Economic inequality is only concerned with the unequal distribution of wealth, not income.

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

Answer 1

Answer:

C. i only

• Inequality is distinguished as economic inequality and social inequality.

• Economic inequality mostly means 'income inequality' which translates into inequality in consumption, nutritional and living conditions.