W13.2 Social inequality

 1.Summary

Social inequality occurs in the process of unequal distribution of social resources, such as power, religion, gender, age, and race. This inequality is seen in almost every society. Social inequality is also linked to income-related economic inequality. Because unequal distribution of economic resources also affects social status, it seems that economic factors have a significant impact on social inequality. Therefore, many societies around the world claim to be meritocratic societies. It is said that the poor lower class was created because of limited opportunities. This is because the working class is people in production and generally affects the national economic level. It is also said that globalization reduces the distance between time and space, creates a global interaction between culture, society, and social roles, and increases inequality worldwide.

2.Interesting point

Among social inequalities, the content related to economic growth was the most interesting. The concept of economic growth is the most fundamental in a capitalist economy. As the population grows, productivity needs to increase. And the hypothesis that economic inequality is an essential prerequisite for economic growth comes from liberal economic theory. And it was easier to understand when I read the table summarizing the factors that affect the economic growth period of developed and developing countries.

3.Question

What quantitative variable is most commonly used as an indicator of social inequality?

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