Economic inequality is the unequal distribution of income and opportunity

Economic inequality is the unequal distribution of

This preview shows page 2 - 4 out of 4 pages.

economic inequality of pay. Economic inequality is the unequal distribution of income and opportunity between different groups in society. This is a concern in almost all countries around the world, were people are born into poverty and to some there is no chance of getting out of that situation. An absolute definition of poverty is that it establishes a fixed economic level below which people are considered poor, and this level does not necessarily change as society on the whole becomes more or less affluent. (Sullivan,2006) Poverty focuses on the idea that people are poor relative to some standard, and that standard is sometimes shaped by the lifestyle of other citizens. Being born into poverty, does not mean you stay poor your entire life, there are ways in which one could move up the social ladder. Education and acquiring new skills, are helpful when helping people out of poverty. The extent of poverty and economic inequality in the United States is reviewed as the following, “the poorest 20% of households receive less than 4% of the total income, while the 2
Image of page 2
ECONOMIC INEQUALITY wealthiest 20% receive 50%” (Sullivan, 2006). From a functionalist perspective, is based on the
Image of page 3
Image of page 4

You've reached the end of your free preview.

Want to read all 4 pages?

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes