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What are some of the reasons for growing economic di

Question

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What are some of the reasons for growing economic disparity and therefore income between
industrialized in developing countries?

Khushi Kumari Choudhary · Accepted Answer

Ans-Economic inequality refers to disparities in the distribution of economic assets and income. A countryâ€˜s economy structure such as capitalism or socialism or communism, colonialism,Discrimination or even social structures affects the inequality. But there are some key points for growing economic disparity.
	1.	Colonialism and war
During 17 to 19th century , several countries including America India etc are the colony of Britain the exploitation of the resources from these countries are very high causing disparity of inequality in wealth.
	2.	Gender ,race ,culture discrimination 
Economic disparity causes  are external as well as internal .The social structure of a country decides the economic disparity also .The womanâ€™s which were around 50% labour force are excluded in many countries discriminated from economic opportunities based on gender race caste etc.
	3.	Industrialisation
Europe was the first zone of the industrialisation 1.0 industrialisation causes the highest economy disparity By eradicating labour forces. Developing countries struggle to maintain this market forces. The shifting of demand off industrialised goods causes economic disparity for the developing countries.

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