Relationship between Measures of Inequality and Measures of Poverty

Inequality refers to a situation, where some people in a society have more money, opportunities, and other things than other people. Inequality has continued to show itself in many societies everywhere around the globe. Poverty, on the other hand, refers to the lack of enough money to meet one’s basic needs, which include clothing, food, and shelter. Several researches have been conducted in order to measure inequality…