Economic inequality is essentially the same thing as economic contraction.

Name: Economic inequality is essentially the same thing as economic contraction.
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Economic inequality refers to the unequal distribution of wealth and income among individuals and groups. Economic contraction, on the other hand, refers to a decrease in economic growth, trade and production. While economic inequality can contribute to economic contraction, they are not the same thing.

Economic Inequality Is Essentially the Same Thing as Economic Contraction