3
QuizMultiple Choice

Global Issues: Political and Economic — Quiz

Question 3 • World and Regional Geography (Semester)

What is economic inequality?

Answer
A
the interdependence between countries for goods and services
B
the amount of money owed to banks and financial institutions
C
the ability of purchasers to secure materials at the lowest cost
D
the gap between people with wealth and people without wealth

Explanation

Economic inequality is the unequal distribution of wealth or income among people. It describes the gap between people who have substantial wealth and those who have little or none. The other choices describe international trade, debt, and low-cost purchasing, not economic inequality.

AI-written and checked against the verified answer.

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