By wonjon, Updated
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Hi babe. How are you doing?
I was considering about income inequality in the US.
I have some knowledge about income inequality.
Cool! Please tell me.
You buy me a pizza then.
Income inequality is the unequal distribution of income between individuals and households. This occurred from the idea of capitalism, which is an economic system based on private ownership of the means of production and the creation of goods and services for profit. Hence, the rich are becoming richer while the poor are becoming poorer.
Cool! I know that income inequality is becoming a serious issue in the US. I think it's good to have a mix of socialism and capitalism, like Denmark!
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