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The North American region with the greatest disparity in income between rich and poor?
The United States has the greatest income inequality in North America, with a significant gap between the wealthiest individuals and the poorest. This disparity has been growing in recent years, leading to social and economic challenges within the country. The top 1% of earners in the U.S. hold a disproportionate amount of wealth compared to the rest of the population.
What is geographic disparity?
Geographic disparity refers to differences or inequalities in access to resources, services, or opportunities based on a person's location. This can include disparities in healthcare, education, income, and other social and economic factors between different regions or communities. Geographic disparity highlights the uneven distribution of resources and challenges faced by individuals and communities in different geographical areas.
What do you mean by regional disparity?
Regional disparity refers to the unequal distribution of resources, opportunities, and development across different geographic areas within a country or region. This disparity can manifest in disparities in income levels, infrastructure, access to services, and quality of life between urban and rural areas or among different regions within a country.
Which American Region has the biggest gap between the rich and poor?
The Southern region of the United States has one of the largest income gaps between the rich and the poor. States like Mississippi, Alabama, and Louisiana have some of the highest poverty rates and lowest income levels in the country.
What statement is best supported by the data in the map and table?
The statement best supported by the data in the map and table is that there is a significant disparity in income levels between different states in the United States. This is evident from the variation in median household incomes across states, with some states having much higher incomes than others.
The North American region with the greatest disparity in income between rich and poor?
The United States has the greatest income inequality in North America, with a significant gap between the wealthiest individuals and the poorest. This disparity has been growing in recent years, leading to social and economic challenges within the country. The top 1% of earners in the U.S. hold a disproportionate amount of wealth compared to the rest of the population.
What is the term for the difference in income between the richest and poorest citizens?
You referring to 'income disparity.'
What is geographic disparity?
Geographic disparity refers to differences or inequalities in access to resources, services, or opportunities based on a person's location. This can include disparities in healthcare, education, income, and other social and economic factors between different regions or communities. Geographic disparity highlights the uneven distribution of resources and challenges faced by individuals and communities in different geographical areas.
Consumers have the greatest income between which ages?
35-45!
Consumers have the greatest income between what ages?
55-65
Between which age do consumers have the greatest income?
45-55
What does Disparity of Income Distribution mean?
it means distribution of income is how a nation's total economy is distributed amongst its population. Classical economists are more concerned about factor income distribution,that is the distribution of income between the factors of production,labor land and capital. Distribution of income is measured by Lorenz curve and Gini co
What are some of the major cause of income disparity?
There are many causes of income disparity. Some believe that the rich stay rich and the poor have little opportunity to move up the ladder. However, choices and decisions, as well as educational opportunities, govern how we do in life.
What do you mean by regional disparity?
Regional disparity refers to the unequal distribution of resources, opportunities, and development across different geographic areas within a country or region. This disparity can manifest in disparities in income levels, infrastructure, access to services, and quality of life between urban and rural areas or among different regions within a country.
Would personal income disposable income or discretionary income be of the greatest interest to marketers?
Discretionary income, not personal income or disposable income, would be the greatest interest to marketers.
What is income disparity?
Income disparity arises due to large scale business. The large scale business leads to the concentration of wealth in few hands due to which rich people became richer and poor people became more poor due to business profits. (answered by Ali Raza , I-com Student of F.G sirsyed College The Mall Rawalpindi)
How is income inequality measured and what factors are considered in determining the disparity in earnings among different groups of people?
Income inequality is typically measured using the Gini coefficient, which ranges from 0 (perfect equality) to 1 (perfect inequality). Factors considered in determining the disparity in earnings among different groups of people include education level, occupation, gender, race, and access to resources and opportunities.
