economic disparity JUST WRITTEN FOR YOU
/ɪ.kən.ɒm.ɪk.dɪ.sə.ˈtɪ.ə.ri/ · e.co.nom.ic.dis.pa.ri.ty
noun
- A significant difference in economic status or wealth between individuals, groups, or nations. The economic disparity between the rich and the poor in the city is a major social issue.
noun
- A difference in economic opportunities or outcomes due to factors such as education, employment, or access to resources. The economic disparity in access to healthcare between rural and urban areas is a pressing concern.
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Did you know? The concept of economic disparity has been a topic of discussion among economists and policymakers for centuries, with the ancient Greek philosopher Aristotle noting the existence of economic inequality in his work 'Politics'.