Final answer:
Power distance is the term that describes how much people accept inequality in power within their culture.
Step-by-step explanation:
The term that refers to the degree to which people accept inequality in power among institutions, organizations, and people is power distance. This concept is one of the dimensions proposed by the Dutch social psychologist Geert Hofstede, who explored how values in the workplace are influenced by culture. Power distance is the extent to which less powerful members of institutions and organizations within a country expect and accept that power is distributed unequally.