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the unequal distribution of income affected the great depression because while the rich got richer the poor become poorer. This gave an unbalanced economy in the united states. 80% of Americans had no savings at all.

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What do geographers call the unequal distribution of wealth and resources in specific geographic area?

Geographers refer to the unequal distribution of wealth and resources in a specific geographic area as spatial inequality. This concept involves disparities in income, access to services, and infrastructure among different regions or communities. Addressing spatial inequality often involves understanding the underlying social, economic, and political factors contributing to these disparities.


Where does stratification occur?

Stratification can occur in various aspects of society, such as income levels, social status, education attainment, and access to resources. It often leads to unequal distribution of power, privileges, and opportunities among different groups in society.


Why do globalization and increasing interdependence pose risks to the global economy?

Globalization and increasing interdependence can pose risks to the global economy by creating vulnerabilities to economic shocks and crises that can spread quickly across countries. This interconnectedness can lead to contagion effects, where problems in one part of the world can rapidly affect others. Additionally, unequal distribution of benefits from globalization can exacerbate income inequality and social tensions, potentially leading to political instability.


Causes of unequal distribution of food?

Unequal distribution of food can be caused by factors such as income inequality, lack of infrastructure for food transportation, inadequate distribution systems, political instability, and conflicts disrupting access to food sources. These factors can lead to some regions or populations receiving more food than others, contributing to unequal distribution.


What describes one of the way that the demographics of an area affect the price of housing in that area?

One way demographics affect housing prices is through income levels. Areas with higher average incomes tend to have higher housing prices due to increased demand and ability to pay. Additionally, population growth and age distribution can also influence housing prices by impacting supply and demand dynamics.

Related Questions

Was there unequal distribution of income Great Depression?

Yes.


An unequal distribution of this was one cause of depression?

Income


What is Unequal distribution of income a result of?

Unequal Distribution of invcome results in the rise of POVERTY.


Why income distribution is unequal in south Africa?

because it will never be equal


What are two types of income distribution?

Two types of income distribution are equal income distribution, where all individuals receive the same amount of income, and unequal income distribution, where income is not equally distributed among individuals resulting in some earning more than others.


How the income distribution in China can be getting more unequal even though the poorest 20 percent are getting richer?

Because of the distribution, I guess.The top 1% get much more money than all they other social classes, so even if the absolute income of most people is increasing, the whole income distribution gets more and more unequal.


Which economic trend of the 1920's helped cause the Great Depression?

The major economic trend of the 1920s that helped caused the Great Depression was likely the unequal distribution of wealth. Another factor was over speculation in the stock market.


Why was uneven distribution of income bad for the economy?

Unequal distribution of income meant that most Americans could not participate fully in the economic advances of the 1920s. Many people did not have the money to purchase the flod of goods that factories produced.


What are the types of income distribution?

Personal income distribution and functional income distribution :)


Can government spending directly affect both the allocation of resources and the distribution of income?

True


What is the conclusion of poverty?

child labour out break of many fetal diseases increase in social crimes economic stabilization will be no more seen unequal distribution of income


What is the Gini coefficient?

The Gini coefficient is a measure of income inequality within a population, with a value of 0 indicating perfect equality and 1 indicating perfect inequality. It is commonly used by economists and policymakers to understand the distribution of income or wealth within a country. A higher Gini coefficient suggests a more unequal distribution of income.