Domestic Inequalities in The USA and Denmark Essay

Inequality exists around us. One of the inequalities is the income received by a person or member of a family. This income includes wages, salaries, pensions, and interest derived from assets. Income inequality refers to the various income within a given population. This inequality is especially high in the United States.

Income inequality describes the extent to which income is distributed unevenly among residents of an area. High levels of inequality indicate that a small number of people receive most of the total income, and that most people receive only a small share of the total. There are many advantages and disadvantages associated with the inequitable distribution of income.

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Across the United States and in any other countries, there is a social injustice that is often overlooked, and that it income inequality. Taking a closer look into the topic, we can see how it affects the environment around us, but for this study, we will be looking specifically at the overall health of the United States. To do this, we will be looking at a variety of categories that will help showcase the health of America from the effects of income inequality. The three categories that will be that base criteria for our judgement on the health of the United States are crime, education, and economic growth.

Inequality is ubiquity in our world, most people are looking at the downside or the surface of this phenomenon. In fact, that inequality is the drive of historical and social progress.

There are many challenges in comparing data between economies, or in a single economy in different years. Examples of challenges include:

Income inequality is the extent to which income is distributed unevenly in a country, it measures by what extent is the distribution of income within a country deviating from perfect equality. It is an important measure to determine the fairness in a country and the social outcome in a country such as the level of corruption, crime rate and poverty. Countries make use of the Lorenz curve to help show the graphical representation of the distribution of wealth and income. “Income inequality in Canada has increased over the past 20 years. Canada reduced inequality in the 1980s, with the Gini coefficient reaching a low of 0.281 in 1989” (“Income inequality”, 2013, Is Canada becoming more unequal?, para.1). Gini coefficient is a measure of statistical dispersion intended to represent the income distribution of a nation 's residents, and is the most commonly used measure of inequality. Income inequality rose in the 1990s, but has remained around 0.32 in the 2000s.

The Gini Coefficient can be defined as the measurement of income distribution within a nation, the value of 0 being equality and 1 being maximal inequality. One of the main factors that contribute to income inequality is the “natural cause”, a person social economic status, educational background, and age population in the

The overall economy is based on equality. Several different countries suffer from the populations economic growth. As the poor get poor the rich keep on getting richer. Bolivia for instance has arguably the highest difference in Income inequality of 44 percent compared to the United States of 28 percent. For that reason, income inequality has had negative effects of the local population. It has caused a great deal of trust issues between countries and society as a whole. For example, Countries with greater income inequality have greater infant mortality, higher rates of obesity, and lower life expectancy than countries with more equal incomes, and the same relationships hold true across the fifty states in the United States. Policy makers and

According to Australian Council of Social Service (ACSS) 2015, excessive inequality is harmful in any society, it can influence people participation in development, disable economic activity, and ultimately unhealthy for individuals. Disparities in wealth and power produces of social inequalities in society. Issues of poverty, low wages, discrimination, and health disparities are associated with the case of social status of the individual.

Across the world, while income inequality among countries is declining, there is clear evidence that health related inequities are on the increase. Health is a key component of an individual's well being, having both intrinsic and instrumental value. It is therefore imperative to understand why inequalities in health are increasing while other indicators are showing a reduction or remaining stable.

Through inequality, our feelings of inclusion can be tarnished, some of us even finding it difficult to feel that we belong in society. Inequality can occur through an imbalance within society, through factors such as prejudice, level of income and access to everyday necessities which many people

The best way to measure income inequality as we have seen before it is by using households’ surveys. Nowadays, Gini coefficient is the most popular indicator to measure income inequality. Gini coefficient is known by calculating the area between the Lorenz curve (which plots cumulative shares

All things considered, as an example, the inequality of wealth distribution may be gigantic when the government does not know how to properly balance the economy and maintain its focus only on ecological issues. Eventually, it can even lead this inequality to other social and economic problems, such as unemployment or raise of violence rates because of the constant increase of poverty. As stated by Anup in his study “Poverty Facts and Stats”, More than 80 percent of the world’s population lives in countries where income differentials are widening (Anup. par. 2). In addition, the economic dimension is rather important since countries are in constant trade of goods and resources. As demonstrated by Gary Shapiro, president and CEO of the Consumer

In the past several decades the question of economical inequality has become a mainstream issue and a main topic of conversation. There is a common misconception that income and wealth are the same thing. Even though they usually depend on each other, they are quite different. Disparity of wealth or income between different groups or within a society often can lead to economic inequality. Economic inequality can be characterised by the aphorism “the rich get richer while the poor get poorer,” this phrase is mostly appeal to the gap in income or assets between the poorest and richest segments. To understand the difference between income and wealth and the consequences of income and wealth differences in people’s live we can look at what each one represents separately from another.