Company Profile. ZF Friedrichshafen AG manufactures vehicle parts. The Company produces axles, chassis components, clutches, brakes, transmissions, and steering systems. ZF Friedrichshafen offers actuators for adjusting helicopter blades and maintenance services for dynamic helicopter components. Corporate Information.
Social inequality. Social inequality is an area within sociology that focuses on the distribution of goods and burdens in society. A good can be, for example, income, education, employment or parental leave, while examples of burdens are substance abuse, criminality, unemployment and marginalisation. One approach is the study of the actual distribution of a good. For example, whether incomes are reasonably evenly distributed throughout a community or whether there are sizable differences between those that relatively little and those that earn relatively much.
DEFINITION of 'Income Inequality'. The unequal distribution of household or individual income across the various participants in an economy. Income inequality is often presented as the percentage of income to a percentage of population. For example, a statistic may indicate that 70% of a country's income is controlled by 20% of that country's residents. It is often associated with the idea of income fairness. It is generally considered unfair if the rich have a disproportionally larger portion of a country's income compared to their population.