The Human Development Index (HDI) is a composite statistic of life expectancy, education, and per capita income indicators, used to rank countries into four tiers of human development. It is not specifically designed to measure economic inequality.

Wealth concentration refers to the accumulation of a large share of wealth in the hands of a small number of individuals or families.

Government policies and regulations can be used to address economic inequality, rather than contributing to it.

Social mobility refers to the movement of individuals or families between different social classes.

Economic inequality can lead to social unrest and political instability, rather than improved social cohesion and solidarity.

Intergenerational inequality refers to the process by which economic inequality is passed down from one generation to the next.

Laissez-faire economic policies, which advocate for minimal government intervention in the economy, are not typically seen as a solution to address economic inequality.

Social stratification refers to the division of society into distinct social classes based on factors such as wealth, income, education, and occupation.

The upper class is typically characterized by high levels of wealth and income, access to exclusive social networks, and prestige and social status, not low levels of education.

Social mobility refers to the process by which individuals or families move from one social class to another.

Social inequality can lead to increased crime and violence, reduced social cohesion and solidarity, and greater political participation, rather than improved health and well-being.

Power concentration refers to the concentration of power and resources in the hands of a small group of individuals or organizations.

Privatization of public services is not typically seen as a solution to address social inequality, as it can lead to increased inequality and reduced access to essential services for marginalized groups.

Social reproduction refers to the process by which social inequality is reproduced and maintained over time.

The working class is typically characterized by manual or service-oriented occupations, lower levels of wealth and income, and limited access to exclusive social networks, not high levels of education.