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Income distribution

Share of income of the top 1% for selected developed countries, 1975 to 2015

In economics, income distribution covers how a country's total GDP is distributed amongst its population.[1] Economic theory and economic policy have long seen income and its distribution as a central concern. Unequal distribution of income causes economic inequality which is a concern in almost all countries around the world.[2][3]

  1. ^ O'Sullivan, Arthur; Sheffrin, Steven M. (2003). Economics: Principles in Action. Upper Saddle River, New Jersey 07458: Pearson Prentice Hall. p. 348. ISBN 978-0-13-063085-8.{{cite book}}: CS1 maint: location (link)
  2. ^ "What is economic inequality?". wol.iza.org. Retrieved 28 April 2022.
  3. ^ "Distribution of Income". Econlib. Retrieved 2023-05-31.

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