income inequality

Definition

A measurement of the distribution of income that highlights the gap between individuals or households making most of the income in a given country and those making very little. From 1980 to 2010, income inequality in the U.S. increased. The top 20% of earners in the U.S. in 2010 earned almost 50% of the total income while the bottom 15% earned less than 4%.

Use income inequality in a sentence

  • You should try to always avoid income inequality at your business so everyone is treated fairly and you keep up morale.

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  • The income inequality of people is very high in the country and almost laughable because there are way more poor people than rich ones.

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  • The income inequality was proven to be steadily increasing which would continue to cause problems at an accelerating rate for the country.

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