Concentration of Wealth

Concentration of wealth refers to the accumulation of a large portion of a country’s financial resources within a small percentage of its population. This means that a few individuals or families hold a significant share of total wealth, while the rest have comparatively less. High wealth concentration can impact economic equality, influence political power, and affect social mobility. It’s a measurement of how evenly or unevenly wealth is distributed across society, highlighting disparities that may influence quality of life, opportunities, and overall economic stability.