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Income disparity arises due to large scale business. The large scale business leads to the concentration of wealth in few hands due to which rich people became richer and poor people became more poor due to business profits.
(answered by Ali Raza , I-com Student of F.G sirsyed College The Mall Rawalpindi)
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What is the term for the difference in income between the richest and poorest citizens?
You referring to 'income disparity.'
The north American region with the greatest disparity in income between rich and poor is?
The South
The North American region with the greatest disparity in income between rich and poor?
The south
What are some of the major cause of income disparity?
There are many causes of income disparity. Some believe that the rich stay rich and the poor have little opportunity to move up the ladder. However, choices and decisions, as well as educational opportunities, govern how we do in life.
What is the plural for disparity?
The plural of disparity is disparities.
What is geographic disparity?
Disparity in a geographical region.
What does Disparity of Income Distribution mean?
it means distribution of income is how a nation's total economy is distributed amongst its population. Classical economists are more concerned about factor income distribution,that is the distribution of income between the factors of production,labor land and capital. Distribution of income is measured by Lorenz curve and Gini co
Synonyms for disparity?
Three synonyms for the word disparity are imbalance,inconsistency, and discrepancy.
What is the opposite meaning of disparity?
Inequality; difference in age, rank, condition, or excellence; dissimilitude; -- followed by between, in, of, as to, etc.; as, disparity in, or of, years; a disparity as to color.
Where does regional disparity still exist in India?
list the states which suffer from regional disparity
How can you use the word disparity in a sentence?
There was a huge disparity between how loudly he laughed and how funny his jokes were. The couple got married even though there was a great disparity in their ages.
Disparity of educational technology industrialized first world countries?
disparity of educational technology industrialized first world country
