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Q.

Which of these are not examples of economic inequality?


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a

a larger portion of the population is poor and the number of rich people is less.

b

a large difference in the income of the rich and the poor

c

Equality in the share of wealth

d

Lack of opportunities in employment   

answer is C.

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Detailed Solution

Equality in the share of wealth is not an example of economic inequality. Economic inequality in India is a challenge to democracy because it has a negative impact on citizens' civic, political, and social lives. In India, a larger proportion of the population is poor, while the number of wealthy people is smaller. The gap between rich and poor people is increasing over time. The lack of employment opportunities also is a parameter for economic inequality.
 
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