Income inequality in advanced economies
Income Inequality Is Defined As aPhenomenon Associated With Uneven Distribution Of
Income Across The Population And Is Classified Into Inequality Of Outcomes In Society
(Ranaldi & Milanovi Ä‡,2022) .It is linked with the disparity in the groups. Since the 1980s,
income inequality has increased in developed countries as well as in middle-income countries.
Over fifty years,...