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Social inequality affects economic inequality, or perhaps better said is how does social inequality affect the economics of a nation. Either way, in a nations practice of treating particular ethnic or racial groups unfairly results in a tendency to have these people in low paying jobs. The people who are treated as unequals allows their talents and expertise to not be used in filling jobs that would enhance a nations economics. The bottom line is the more inequality at social levels creates an unequal economic situation.

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Related Questions

What type of consumption reflects economic inequality and contributes to social inequity?

Conspicuous consumption.Which refers to spending on expensive goods and services in order to signal wealth to others. The correlation between wealth and superiority is one way economic inequality can lead to social inequality.


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Causes of social inequality can include factors such as unequal access to education, employment opportunities, wealth distribution, and discrimination based on factors like race, gender, or socio-economic status. Effects of social inequality can manifest in disparities in income, health outcomes, education achievement, and overall quality of life, leading to social unrest, decreased social cohesion, and hindered economic growth.


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Wealth inequality refers to the unequal distribution of assets and property among individuals, while income inequality refers to the uneven distribution of earnings and wages. Both wealth and income inequality can have significant impacts on society and economic disparities. Wealth inequality can lead to disparities in access to resources and opportunities, perpetuating social and economic divides. Income inequality can result in unequal access to basic needs and services, affecting overall economic growth and stability. In summary, both wealth and income inequality contribute to social and economic disparities, with wealth inequality often having a more lasting impact due to its accumulation over time.


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