Income and wealth are equally important for social inequality.

Name: Income and wealth are equally important for social inequality.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Income refers to the flow of money received, often from work or investments, while wealth is the accumulation of assets. Both contribute to social inequality, but in different ways. Wealth can lead to more sustained and generational inequality, as it can be inherited and grow over time, whereas income affects one's current living standards and opportunities.

Income and Wealth Are Equally Important for Social Inequality