Class Inequalities by https://padlet.com/387055_1/ucperlq85b0ltxby Martyna and Lucy en-us 2024-02-06 15:27:18 UTC 2024-02-06 16:38:21 UTC hello@padlet.com https://padlet.net/icons/png/1f4b8.png Income and Wealth 387055_1 https://padlet.com/387055_1/ucperlq85b0ltxby/wish/2875270297 Income flows in monthly while wealth is fixed in possessions.

]]> 2024-02-06 15:34:48 UTC https://padlet.com/387055_1/ucperlq85b0ltxby/wish/2875270297 The Gini Coefficient - The main measure of inequality. 387055_1 https://padlet.com/387055_1/ucperlq85b0ltxby/wish/2875277418 Trends of inequality of income since the 60s

  • show inequality has increased from 0.26 to 0.34

  • the main increase was from the late 70s to early 80s

]]> 2024-02-06 15:38:58 UTC https://padlet.com/387055_1/ucperlq85b0ltxby/wish/2875277418 Problems with measuring wealth 387055_1 https://padlet.com/387055_1/ucperlq85b0ltxby/wish/2875284380

  • defining what should be defined as wealth

  • calculating the prices of assets can be difficult

  • obtaining data about wealth is not easy

  • distinguishing wealth from income is difficult

  • much of the wealth is in the forms of shares and investments

    • ]]>     2024-02-06 15:43:26 UTC https://padlet.com/387055_1/ucperlq85b0ltxby/wish/2875284380     Rowlingson and Mullineux - The Birmingham Commissions Report 387055_1 https://padlet.com/387055_1/ucperlq85b0ltxby/wish/2875293614

  • Wealth and inequalities occur in differently ways - some have higher incomes, some choose to accumulate wealth rather than spend.

  • Wealth affects physical and mental wellbeing, as well as education and employment opportunities.

    • ]]>     2024-02-06 15:49:01 UTC https://padlet.com/387055_1/ucperlq85b0ltxby/wish/2875293614     Great use of detail and facts! jayneapplegate https://padlet.com/387055_1/ucperlq85b0ltxby/wish/2875366181 2024-02-06 16:38:21 UTC https://padlet.com/387055_1/ucperlq85b0ltxby/wish/2875366181