income inequality studies

Income inequality studies analyze how wealth and income are distributed across populations, revealing disparities between different groups. They examine factors like education, occupation, race, and geography to understand why some people earn much more than others. These studies help identify trends over time, assess economic mobility, and evaluate policies aimed at reducing disparities. Understanding income inequality is important because high disparities can affect social stability, economic growth, and overall well-being. They provide insights into how economic systems function and inform policymakers about strategies to promote fairness and opportunity.