Thursday, June 18, 2009

What is Inequality ?


Inequality refers to the situation in which the particular variable under experiment doesn't show equality. Inequality is a wide spread phenomenon in both developed and under developed countries. The term inequality appears in various economic variables like profit, wealth, income, tax, land, import, export and state of development process as well. The discrimination and disparities during the distribution of fruits of economic activities can be measured by various methods. Among them some important methods are.

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