Distribution of Income · Distribution of Wealth

Distribution of income and wealth

If we look at the distribution of wealth on the global scale then we can see that China and India have 30% of the population of the world however they only have 8%of the wealth in the economy. Now if we were to look at the distribution of income and wealth in the UK it will show that the issue is much more severe than some people think. The UK has a very high level of income inequality compared to other developed countries.

Although the amount of wealth is increasing in the global economy the gap between the rich an the poor is also increase. This relates to the concept of the trickle down effect. Globalisation and industrialisation has made the poor better off however it has made the rich much better off.

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