Income Inequality
Background
Income inequality refers to the unequal distribution of income among different groups of people within a society. This can occur along various lines such as race, gender, education level, and geographic location. Income inequality is commonly measured by tools like the Gini coefficient, which quantifies the disparity between low-income and high-income earners.
Income inequality is a complex issue that impact social harmony, economic stability, and quality of life. Voters may evaluate policies based on their proposed solutions for addressing income inequality, which may include policies related to taxation, minimum wages, social welfare programs, and educational opportunities. Different political ideologies offer various approaches: some may advocate for free-market solutions, while others may call for more government intervention in redistributing wealth.