Economic inequality

Economic inequality is when people have different amounts of money, or access to things, like houses, cars, and food. Someone who has a lot of money or access to these things is said to have a high economic status, and someone who doesn't have much money or access to these things is said to have a low economic status. When the people who have a lot are able to get more than the people who have less, it's called economic inequality. This means that the people with a lot are getting more while the people with less are not able to get more. This can make things unfair, and it can also make it harder for people who have less to get what they need. Inequality can be caused by many things, like social backgrounds or the way our economy works.