BIOLOGY IN HUMAN WELFARE
HUMAN HEALTH AND DISEASE
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Question
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VOCAB:a contrast that refers to the difference in assets and income between individuals in a society or between nations
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wealth gap
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developing nations
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demographic shift
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population growth
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Explanation:
Detailed explanation-1: -While the concepts are similar, income inequality and wealth inequality have some key differences. Income represents how much you earn in a given year, both from work and from the yearly return on your investments. Wealth represents your total net worth.
Detailed explanation-2: -An income gap is a gap in income between one group and another. Looked at in terms of the whole economy, the commonest income gap is that between ‘rich’ and ‘poor’, with the ‘rich’ usually being defined at the top 20% of income earners (the top quintile), and the poor the bottom 20% (bottom quintile.)
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