Effect of economic inequality on low-end consumers

Effect of economic inequality on low-end consumers
Economic inequality impacts low-end consumers significantly, leading to financial hardships and limited access to necessities. The gap between the rich and poor creates challenges for those struggling to make ends meet. Basic needs such as housing, food, and healthcare become increasingly unaffordable, forcing many to make difficult choices. The widening disparity exacerbates societal tensions and perpetuates cycles of poverty. Low-income individuals face barriers to education and career advancement, further entrenching their disadvantaged position. The consequences of economic inequality for this vulnerable group are profound, affecting their well-being and opportunities for a better future. Actions to address this issue are crucial for a more equitable society.
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