Asked by Vanessa Zuniga on May 28, 2024

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Which Western industrialized nation has the greatest income inequality?

A) England
B) France
C) the United States
D) Canada

Income Inequality

The unequal distribution of income among the population of a region, leading to disparities in living standards and economic opportunities.

Western Industrialized Nation

Countries typically located in the Western hemisphere that are characterized by a high level of industrialization, technology, and economic development.

England

A country that is part of the United Kingdom, known for its rich history, cultural heritage, and as the birthplace of the English language.

  • Acknowledge the effects of fiscal inequality and economic strains on distinct social categories.
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LM
Logan MostashiryJun 01, 2024
Final Answer :
C
Explanation :
The United States has the greatest income inequality among Western industrialized nations, with a Gini coefficient of around 0.4, indicating a high level of income disparity. This is caused by factors such as weak labor protections, a minimal social safety net, and a concentration of wealth in a small percentage of the population.