Different income groups with different spending behaviours.

Grade 8A

 Analyse why different income groups have different spending patterns.

Time Duration for submitting the Article is 

 September 2nd to September 8th, 2013 

 Write your answer here in 500 Words. 

BBC: Economic recovery may bypass low and middle earners.

 Do you agree with the writer that inequality will increase on recovery. Discuss the possibilities. [15]

Wealth Gaps Rise to Record Highs Between Whites, Blacks and Hispanics

1) Define Income inequality.[2] 
2) Explain the reasons of Income Inequality.[8] 
3) Discuss the role of the Govt in the reducing income inequality.[12]