Home » Tags » Wealth disparity
Wealth disparity
Exploring the Relationship Between Income Inequality and Economic Prosperity
December 18, 2023
How does income inequality impact economic growth?
Income inequality can hinder economic growth by reducing consumer spending, limiting access to education and healthcare, and fostering social unrest. High levels of inequality may hinder productivity and innovation, leading to slower economic progress and greater financial instability within a society.
Tags : Income Inequality , Economic Growth , Wealth Disparity