What does 'wealth inequality' refer to?

Wealth inequality specifically refers to the unequal distribution of assets among a population. This concept illustrates how wealth is not distributed uniformly and highlights disparities in the accumulation of assets such as property, investments, and savings across different individuals or groups within a society.

This inequality can have significant implications for economic mobility, social stability, and access to resources, influencing everything from education and health outcomes to political power. Understanding wealth inequality is crucial as it reflects broader systemic issues within an economy and can affect policy-making aimed at addressing economic disparities.

The other choices do not accurately capture the definition of wealth inequality. For instance, an even distribution of income refers to income inequality, which is a different concept. Differences in educational access pertain to educational inequality, while the overall wealth of a country relates to national wealth metrics rather than how that wealth is distributed among its citizens.