.

Also question is, what is income polarization?

Income polarization describes a process in which income con- centrates. into two separate poles or groups, one rich, and another poor. Often this means that there are fewer people in the middle-income group and more in the high-income and low-income groups.

Furthermore, what is Polarisation in sociology? Social polarisation is the process of segregation within a society that may emerge from income inequality, economic restructuring, etc. and result in such differentiation that would consist of various social groups, from high-income to low-income.

Similarly one may ask, what is an example of polarization?

Polarization involves creating division or causing a group or something to be divided up into two opposing groups. An example of polarization is when a controversial political figure causes the country to become sharply divided.

What is global polarization?

In politics, polarization (or polarisation) can refer to the divergence of political attitudes to ideological extremes. In most two-party systems, political polarization embodies the tension of its binary political ideologies and partisan identities.