Economic inequality means

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Equal distribution of food through PDS system

Disparities in the distribution of economic assets and income.

People should receive same rate of pay for a job regardless of race, gender or other characteristics

None of the above.

answer is B.

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Detailed Solution

Economic inequality means disparities in the distribution of economic assets and income.
Economic inequality is a concern in the majority of democracies. In its simplest terms, economic disparity is the uneven distribution of income and opportunity among citizens. A very disproportionately small number of people are incredibly wealthy. If we look at South Africa and Brazil, the top 20 percent of the population takes home 60 percent of the national income, leaving the bottom 20 percent with just 3 percent. As a result, the gap between the rich and the poor has widened.

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