Income Inequality: Income inequality focuses specifically on the unequal distribution of income among individuals within a society. It measures the gap between high-income earners and those with lower incomes.
Poverty Alleviation: Poverty alleviation refers to efforts aimed at reducing or eliminating poverty by implementing strategies such as social welfare programs, education initiatives, employment opportunities, and access to basic necessities.
Wealth Gap: The wealth gap signifies the disparity in accumulated assets (such as property ownership or investments) between different segments of society. It highlights imbalances in overall wealth accumulation.