Wealth And Income Inequality In The United States

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The United States has nationwide wealth and income inequality due in part of globalization. It is a key reason for these inequalities. The term globalization means the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets (Merriam-Webster). The United states is a very diverse country. A lot of this is due to geography. Also, because it is a diverse country, that can cause some inequality in itself. Geography plays a factor by some places in the United States being more prosperous than others. Many many places have a higher standard of living and this comes about due to one's geographic location. For example, New York City has a super high
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