Economic inequality is the difference between individuals, or populations, in terms of their wealth, assets, or income. Economic inequality happens on varying scales from country to country and from city to city, even home to home. On a large scale, we compare industrialized nations to lesser-developed nations. First world nations are the wealthiest countries that use and the majority of the world’s resources. Under developed nations, although oftentimes having more people, are nations that use less resources and have a lower income.

Today’s emerging nations have a more difficult time industrializing because the majority of the world’s natural resources are used by the industrialized nations. The first world preys on the resources of the third world. It is a reoccurring theme of the wealthy taking advantage of the poor. In Horry and Georgetown counties in South Carolina, the same dichotomy exists.

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