Goal 10: reduced inequality

Definition

Goal 10: Reduced Inequality is one of the Sustainable Development Goals established by the United Nations to address and diminish inequalities within and among countries. This goal emphasizes the need to empower disadvantaged groups, improve income equality, and ensure equal access to opportunities, services, and resources. It reflects a commitment to fostering inclusive growth and social justice as essential components of sustainable development.

5 Must Know Facts For Your Next Test

1. Goal 10 aims to reduce inequalities not just in income but also in access to education, healthcare, and political participation among marginalized communities.
2. One target under Goal 10 is to achieve and sustain income growth of the bottom 40% of the population at a rate higher than the national average.
3. Global policies that promote equitable resource distribution and social protection systems are critical for achieving reduced inequality.
4. The COVID-19 pandemic has exacerbated existing inequalities, making the objectives of Goal 10 even more urgent as many vulnerable populations face increased hardships.
5. Achieving Goal 10 is linked to enhancing global cooperation and encouraging investment in least developed countries to foster inclusive economic growth.

Review Questions

• How does Goal 10 address the issue of income inequality on a global scale?
  • Goal 10 tackles income inequality by promoting policies that ensure equal opportunities for all, particularly for those in the lowest income brackets. It encourages governments to implement measures that support sustainable economic growth while targeting the needs of marginalized communities. By aiming for an average income growth rate that surpasses national averages for the bottom 40% of the population, Goal 10 seeks to create a more equitable distribution of resources globally.
• Discuss the significance of empowering marginalized communities within the framework of Goal 10.
  • Empowering marginalized communities is crucial for achieving Goal 10 because it addresses systemic barriers that prevent these groups from accessing resources and opportunities. By focusing on inclusion, policies under this goal aim to dismantle discrimination and foster social cohesion. This empowerment enables these communities to participate actively in economic and political processes, ultimately leading to a more balanced and fair society that benefits everyone.
• Evaluate how international cooperation can enhance the effectiveness of Goal 10's strategies for reducing inequality.
  • International cooperation plays a vital role in enhancing the effectiveness of Goal 10's strategies by facilitating shared knowledge, resources, and best practices among nations. Collaborative efforts can lead to coordinated actions aimed at addressing global disparities, such as joint initiatives in education and healthcare. Additionally, such partnerships can attract investment in underdeveloped regions, ensuring that growth is inclusive and benefits all layers of society, thereby significantly contributing to reducing inequality on a global scale.

Related terms

Social Justice:

The concept of fair and just relations between individuals and society, including the distribution of wealth, opportunities, and privileges.

Income Inequality:

The unequal distribution of income across various participants in an economy, leading to disparities in wealth and economic opportunities.

Marginalized Communities: Groups of people who experience discrimination, exclusion, or disadvantage due to their social, economic, or cultural characteristics.