Library Research & Essay Plan

Class Inequality in Australia

Interpretation of the topic

Economic or class inequality (also known as income equality or the gap between poor and rich) involves gaps in the distribution of wealth, economic assets and income between or within individuals or populations. The term characteristically refers to disparity among groups and individuals within society, but also refers to inequality or disparity among countries. The subject of economic inequality or disparity is associated to the ideas of equality of income equity, and equality of opportunity. While developed countries such as Australia have income redistribution and welfare as core economic policies, the ...