Index IntroductionIncome inequality and social well-beingIncome inequality and professional well-beingPhysical well-being and income inequalityConclusionIntroductionThere is no precise explanation of the term well-being. Many authors have tried to define the phrase according to their perception. Welfare is vital for individuals as well as many segments of society because it indicates that their life is going well. It also helps determine the future of a nation, society or an individual. Things like adequate living conditions, such as employment and housing, are essential for well-being, while things like income inequality have a negative impact on well-being. However, a general clarification links well-being to positive feelings and sensations such as happiness in the absence of negative feelings such as depression. In order to say that a nation, a community or an individual represents well-being, there should be the presence of universal verdicts on life fulfillment as well as feelings ranging from despair to joy. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay There are various aspects to examine the characteristics of well-being which involve, among others, economic, physical, psychological, social well-being, life satisfaction, and emotional well-being. On the other hand, the UK uses ten general dimensions to examine well-being. The dimensions include personal well-being, the natural environment, health, housing, employment, our relationships, the economy, personal finance, education, supremacy and skills. As for this study, it will focus on Gallup's three elements of well-being which involve social, professional, and physical well-being. After conducting a detailed study in more than 150 nations, Gallup found that these elements are interrelated in shaping people's lives. Income involves returns from wages, interest on a savings account, profits from goods sold, and much more. Income inequality is considered as a situation where there is an unequal distribution of income among people in a society or nation. Income inequality and social welfare Globally, issues related to inequality have attracted attention. They influence the development and well-being of a population. The gap can be found at both the highest and lowest levels, thus creating a void in the middle income group, resulting in social tension that can lead to political insecurity and social clashes (Kakwani & Son, n.d.). Inequality causes stagnation in the attempt to reduce the poverty rate along with economic progress. A good income allows an individual to have control over goods and services making one feel happy (Kakwani & Son, n.d.). As long as inequality in income distribution continues to grow, insecurity problems such as crime and theft to meet daily needs will increase. People will be forced to engage in harmful activities to survive. Therefore, a state or society should thrive by cutting the roots of inequality to restore peace and security among its inhabitants. Various indicators can tell whether a society has social welfare or not. Symbols are classified as non-material and material well-being (Kakwani & Son, n.d.). Material well-being focuses on income that provides access to goods and services that allow individuals to live comfortably. Non-material welfare does not focus on profit but rather on health, living conditions and education. In the healthcare sector, the rate ofresistance of infants and children helps determine how efficient medical facilities are within a society. Proper hygiene also improves children's health. Contrary to the health of these infants and children may be at risk if sanitation is inadequate, contaminated water and malnutrition thus affect the social well-being of children in society. Education is also another non-material social indicator. People view education as a means to obtain higher salary jobs. When an individual gets a well-paying job, his or her standard of living increases because he or she receives an income that allows him or her to consume goods and services that he or she needs or wants. Education makes a literate person so valued or recognized in the society. With proper learning, one can freely express their opinions in the community. It allows a person to interact freely with people of different status in society due to his or her broad knowledge. Good jobs enhance a good living condition with better pay. With a better income, you can live in an area with adequate sanitation and clean water. However, poor sanitation and contaminated water affect the well-being of humans. Income significantly influences people's well-being as it is obtained through the labor market. The population that risks suffering is the unemployed. They cannot live a better life. They are unable to obtain the goods and services that complete their lives. Income Inequality and Occupational Wellbeing A person's occupation or simply whether they enjoy their daily activities defines occupational well-being (Inc., n.d.). The individual's well-being can only be determined by asking them questions, such as whether they enjoy their daily activities (Jones & Jones, 2016). Whether a student, volunteer, parent, guardian, or retiree, everyone has daily activities to participate in when they wake up (“Professional Wellbeing,” n.d.). In simple terms, it simply means feeling good about your occupation (“Professional Wellbeing,” n.d.). Usually, most people underestimate their work as a determining aspect of their well-being. If you experience professional well-being, you are likely to be successful in your life because you are happy and comfortable in your daily occupation. Professional well-being impacts people's financial, social, physical, and community well-being (“Professional Well-Being,” n.d.). When a person has a job they love, they can live the life they want and access goods and services that allow them to live comfortably. It also affects people's financial well-being. Well-paid jobs increase the standard of living of people in society. Whether a person is unemployed or not, daily activities count on increasing a person's physical well-being. Sitting doesn't count because it doesn't add value to an individual's health. A person earning a low income cannot live a better life because money matters when it comes to accessing life-complementing goods and services. With little or no income, people cannot belong to the same social class. There will always be a gap between high-income and middle-income people. With less pay, you cannot access adequate medical care to support your physical well-being. Physical Well-Being and Income Inequality Physical well-being means having excellent health and adequate energy to engage in personal activities (Inc., n.d.). Better economic inequality appears to result in worse physical outcomes..