What is the relationship between inequality and poverty?

What is the relationship between inequality and poverty?

Inequality and poverty are closely linked; higher inequality often leads to increased poverty levels.

Can you explain how inequality affects poverty rates?

Certainly! When wealth is concentrated in the hands of a few, it limits access to resources for the majority, increasing poverty.

Are there specific countries where this relationship is evident?

Yes, countries with high income inequality, like Brazil and South Africa, often experience higher poverty rates.

What can be done to reduce both inequality and poverty?

Policies like progressive taxation, improved education access, and social safety nets can help reduce both.

Is there a way to measure inequality and its impact on poverty?

Yes, tools like the Gini coefficient measure income inequality, and studies often correlate it with poverty statistics.