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Economic inequality refers to the unequal distribution of wealth, income, and opportunities among individuals or groups within a society. While some level of inequality is inevitable in any market economy, extreme disparities can undermine social cohesion, economic growth, and democratic stability.
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Over the past few decades, global inequality has taken on new dimensions. While poverty has declined in many parts of the world, the gap between the ultra-rich and the rest of the population has widened dramatically. A small number of individuals now control a significant portion of global wealth — a trend accelerated by technology, financialization, and globalization.
