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Q.

[[1]] means a small number of ultra-rich enjoy a highly disproportionate share of wealth and incomes.


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Detailed Solution

Economic inequality means a small number of ultra-rich enjoy a highly disproportionate share of wealth and incomes.
It is a concern for practically all nations on the planet, and many people are trapped in poverty with few opportunities to advance in society. Economic disparities cause the rich to get richer and the disadvantaged to get poorer. Additionally, their share of total national income has been increasing. There aren't many resources available to the most vulnerable segments of society. Their earnings have been steadily falling. They periodically struggle to meet their basic needs, which include things like food, clothing, housing, healthcare, and education.
 
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