Definition, Meaning & Synonyms
wealth-disparity
noun
/wɛlθ dɪˈspɛrɪti/
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Definition
Wealth disparity refers to the unequal distribution of assets and wealth among individuals or groups within a society.
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Examples
- The wealth-disparity in urban areas can be stark, with some neighborhoods thriving while others struggle.
- Efforts to address wealth-disparity are essential for promoting social equality.
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Meaning
Wealth disparity indicates a significant gap in wealth between different segments of the population, often leading to distinct social and economic consequences.
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Synonyms
- Wealth inequality
- Economic disparity
- Income gap