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What is INCOME DESPARITY
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SirGreenDay Offline
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Post: #1
What is INCOME DESPARITY
What exactly does this represent ?

Xbox Gamertag: Sir Green Day
27-03-2010 05:58 PM
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LOPAN Offline
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Post: #2
RE: What is INCOME DESPARITY
It is the difference between different socioeconomic classes wages. If the more educated (with better jobs) get a much higher wage and the less educated (responsible for menial work) get a very low wage like in capitalism, there we have a high income disparity. On the other hand, low income disparity means everybody is getting a similar wage, thus sailing closer to communism.
(This post was last modified: 27-03-2010 07:56 PM by LOPAN.)
27-03-2010 06:37 PM
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