Final answer:
Inequality occurs when there is an unequal distribution of resources, such as wealth or income, among countries or individuals.
Step-by-step explanation:
Inequality refers to the unequal distribution of resources. It occurs when countries or people have a disproportionate amount of wealth compared to others. Inequality can manifest in different forms such as income inequality and wealth inequality. For example, in low-income countries, income distribution is often highly unequal, leading to a high degree of poverty among the population.
Inequality can be measured by comparing the share of income or wealth that different groups receive. One common measure of income inequality is the Gini coefficient. The greater the degree of inequality, the more desperate the condition of people at the bottom of an income distribution.
In summary, inequality occurs when there is an unequal distribution of resources, such as wealth or income, among countries or individuals. This can lead to poverty and different living standards in different countries.