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Students should be able to understand and explain:
During the 20th century, many modern industrial societies experienced a trend towards reduction in inequality, largely facilitated by the expansion of the welfare state. However, this positive trend reversed towards the end of the century, with inequality beginning to increase again.
Distribution of wealth refers to the way in which the wealth of a nation is divided among its population.
Societies with high levels of inequality, such as the USA and UK, tend to score poorly on various social indicators:
Comparative Example:
This stark difference demonstrates how inequality varies significantly across different societies.
Governments utilize legislation to ensure that living standards for the poorest members of society do not fall too low, attempting to maintain a basic standard of living for all citizens.
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