Income inequality is usually lower in developing countries than in more industrialized countries.

Question

Quizplus · Accepted Answer

Income inequality is typically higher in developing countries because of factors such as unequal distribution of resources and opportunities, lack of access to education and healthcare, and limited government policies to address these issues. Industrialized countries often have more developed welfare systems and progressive taxation policies, which help to reduce income inequality.

Income Inequality Is Usually Lower in Developing Countries Than in More