“After adjusting for inflation, the average income of the top 5% of households grew by 38% from 1989 to 2013. By comparison, the average real income of the other 95% of households grew less than 10%”
Inspired by John Vink’s project in Cambodia ‘Beautiful Clothes, Ugly Reality’ and Ian Berry’s images taken in 1975 Ascot, G.B England, I embarked on a project documenting the lives of the middle/lower class in 2016 Great Britain.
Income Inequality refers to the extent to which income is distributed in an uneven manner among a population.
Wealth Inequality refers to the unequal distribution of assets among residents of a country. wealth includes the values of homes, automobiles, personal valuables, businesses, savings and investments.
The bottom 10% of the population have an average net income of £8, 468 but on the otherhand The top 10% have net incomes of £79, 042; almost ten times more.