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Business & Finance homework assistance: Poverty and Inequality| Business & Finance homework help

Richard Wilkinson, Kate Pickett, and Kate Pickett discuss how inequality impacts every area of our lives, including health, trust, crime, and other factors. Inequality creates a transmission system through which unbalanced resources and opportunities are dispersed among members of the society. This can result in economic insecurity, socio exclusion, stress, and other adverse effects for those most affected.

Socioeconomic inequality has been shown to increase risk for mental and physical health, as well as education gaps. In addition, research has demonstrated that these adverse effects become increasingly severe as the level of inequality increases – meaning that even small variations in income have an exaggerated effect when looking at larger populations. Higher levels of inequality in countries tend to lead to worse outcomes for health than those with less.

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