20 Economic Inequality

Photo shows a homeless elderly woman and a few young men in executive formal attire standing in front of office buildings on the road side.

Who are the rich and the poor?

Chapter Checklist

When you have completed your study of this chapter, you will be able to

  1. 1 Describe the economic inequality in the United States.

  2. 2 Explain how economic inequality arises.

  3. 3 Explain how governments redistribute income and describe the effects of redistribution on economic inequality.

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