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1. a) Discuss the effects of income inequality on a nation’s economic conditions. Income inequality is the unequal distribution of income among individuals of an economy (Income Inequality, 2014). In other words, the difference between the wealthy individual’s income and middle-class to poverty-stricken individuals’ incomes continues to increase. Such disparity can have detrimental effects on the economy. Those individuals who have a low-income are less able to purchase goods. As income inequality between individuals increases, money moves from those who used it to purchase their basic needs to those who already had enough and more. This then causes a weakened aggregate demand for products because the middle-class and poor can no longer afford …show more content…
The United States Environmental Protection Agency (EPA) (2014) has made it clear that the average temperature globally has increased by more than 1.4 ° F over the past 100 years. Also, according to the National Oceanic and Atmospheric Administration (NOAA) (2014), the warmest decade on record was between the years 2000-2010. The EPA (2014) also finds that the frequency and severity of rainfall and heat has also increased. Global warming involves the increased release of carbon dioxide/greenhouse gases into the atmosphere causing warmth and acidic oceans, which has led to melting glaciers and higher sea levels (United States Environmental Protection Agency, 2014). All of such proves the existence of global climate …show more content…
(2012, February 28). Retrieved from http://www.inequalitywatch.eu/spip.php?article101&id_mot=70
California Biodiversity Council. (2008). What is biodiversity?. Retrieved from http://biodiversity.ca.gov/Biodiversity/biodiv_definition.html
Income Inequality Definition | Investopedia. (2014). Investopedia. Retrieved July 30, 2014, from http://www.investopedia.com/terms/i/income-inequality.as
National Oceanic and Atmospheric Administration (NOAA). (2014). Retrieved from http://www.noaa.gov/
Union of Concerned Scientists. (2013, September 06). Global warming solutions. Retrieved from http://www.ucsusa.org/global_warming/solutions/
United Nations Development Programme (UNDP). (2014). Income Inequality and the Condition of Chronic Poverty. Retrieved August 13, 2014, from http://www.undp.org/content/dam/undp/library/Poverty Reduction/Inclusive development/Towards Human Resilience/Towards_SustainingMDGProgress_Ch6.pdf
United States Environmental Protection Agency. (2014, March 18). Climate change facts: Answers to common questions. Retrieved from http://www.epa.gov/climatechange/basics/facts.html
Williams, H. (2009, November 30). Rebels with a cause. Retrieved from

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