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  2. In this article, we’ll explore 13 of the most significant ways inequality affects society: #1. Gender. Inequality has a significant effect on how people of different genders get treated. According to UNICEF, discrimination can start as soon as girls go through puberty.

  3. Feb 5, 2021 · Therefore, social comparison matters where inequality persists: One’s comparison with all similar others’ in the income distribution in a social environment determines the effect of one’s income on happiness, with the comparison target being the same gender-ethnic group.

    • Tim Futing Liao
    • 2021
  4. The results show that age 50 is the breakpoint of social comparison; before the family head reaches 50, the downward wealth inequality slightly increases happiness; however, after the family head reaches 50, people neglect the downward wealth inequality and focus more on the upward wealth inequality with increasing age.

  5. Feb 28, 2019 · In the first, income inequality may lower an individual’s perception of his/her social status (i.e. the individual sees him/herself as lower in the social hierarchy) by providing referential standards for social comparison; this, in turn, may reduce his or her subjective well-being.

    • Simone M Schneider
    • 2019
  6. Jan 12, 2022 · This article contributes by taking stock and providing an up-to-date overview of the current knowledge on the impact of income inequality, specifically on three important outcomes: (1) economic growth; (2) human development, with a focus on health and education as two of its dimensions; and (3) governance, with emphasis on democracy.

  7. Dec 11, 2021 · Economic inequality has been found to have pernicious effects, reducing mental and physical health, decreasing societal cohesion, and fueling support for nativist parties and illiberal autocratic leaders.

  8. Sep 6, 2023 · Our findings demonstrate that low subjective socioeconomic status at the individual level, and income inequality at the national level, are associated with higher levels of moral identity, higher...

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