Why there is social inequality in the Philippines?

Is there inequality in the Philippines?

Economic inequality in the Philippines has been the subject of numerous previous studies. Income inequality is generally high in the country, with Gini coefficient estimates averaging 0.45 in the last 15 years alone. The literature indicates fluctuations in the country’s overall rates over the long term.

What are the inequalities in society?

Social inequality is an area within sociology that focuses on the distribution of goods and burdens in society. A good can be, for example, income, education, employment or parental leave, while examples of burdens are substance abuse, criminality, unemployment and marginalisation.

What is the impact of inequality in our society?

At a microeconomic level, inequality increases ill health and health spending and reduces the educational performance of the poor. These two factors lead to a reduction in the productive potential of the work force. At a macroeconomic level, inequality can be a brake on growth and can lead to instability.

How can society solve inequalities?

Another way we can decrease inequality is to increase social services such as the following: increase food stamps for poor people; raise the min- imum wage; increase social security for people in the poor, working, and middle classes; increase unemployment compensation; create more college grants and loans for people …

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What is economic inequality in the Philippines?

According to Albert and Ramon, the poorest 20% of the population only had a share of 4.45% of the national income. This shows that the distribution of wealth is uneven in the Philippines for the data shows that the poorest 20% earned 14,022 pesos while the richest 20% of 176,863 pesos.

What is the root cause of inequality?

They are the conditions in a community that determine whether people have access to the opportunities and resources they need to thrive. For example, the root cause of unequal allocation of power and resources creates unequal social, economic, and environmental conditions.

What are the 5 reasons for income inequality?

Divergence of productivity and compensation

  • Overall. …
  • Analyzing the gap. …
  • Reasons for the gap. …
  • Globalization. …
  • Superstar hypothesis. …
  • Education. …
  • Skill-biased technological change. …
  • Race and gender disparities.

What are the 5 causes of poverty?

What are the causes of poverty? Explain in at least 5 points

  1. Increase rate of rising population: …
  2. Less productivity in agriculture: …
  3. Less utilization of resources: …
  4. A short rate of economic development: …
  5. Increasing price rise: …
  6. Unemployment: …
  7. Shortage of capital and able entrepreneurship: …
  8. Social factors: