Explain the difference between income inequality and social inequality
What will be an ideal response?
Ans: Varies. Social inequality: a high degree of disparity in income, wealth, power, prestige, and other resources. Income inequality: differences in income between highest and lowest earners and the structures in place that reproduce differences in income.
KEY: Learning Objective: 7.2: Describe components of social class, including income, wealth, occupation, status, and political voice.
REF: Cognitive Domain: Analysis
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What will be an ideal response?
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