Income and wealth inequality can be found worldwide, but in which of the following areas is there striking inequality?
A) in places where there has been no globalization
B) in the richest countries, such as the United States and Canada
C) in the poorest countries, such as Bangladesh and Haiti
D) in developing countries such as Mexico and Peru

Question

Quizplus · Accepted Answer

The richest countries, such as the United States and Canada, have some of the highest levels of income and wealth inequality in the world. This is partly due to factors such as tax policies, economic policies, and the concentration of wealth in the hands of a small elite. In contrast, some of the poorest countries may have more equal distributions of income and wealth, as there is simply less wealth to be concentrated. Globalization may also play a role in exacerbating inequality, but it is not the only factor.

Income and Wealth Inequality Can Be Found Worldwide, but in Which