Northmere has a growing marine engineering industry. Group A households mainly include workers with scarce, in-demand qualifications in that industry. Group B households mainly include workers in visitor services, where part-time and seasonal hours are common. The table shows average annual household income and average household wealth for each group.
| Household group | Average annual income, 2022 | Average annual income, 2025 | Average wealth, 2022 | Average wealth, 2025 |
|---|---|---|---|---|
| Group A | £41,000 | £47,000 | £145,000 | £195,000 |
| Group B | £27,000 | £30,000 | £58,000 | £72,000 |
Analyse why the wealth gap between the groups could continue to grow faster than the annual income gap.
64 exam-style questions on OCR GCSE Economics 3.3 Fair distribution of income, covering 3.3.1 Distribution of income and wealth, 3.3.2 Calculate income and wealth, and 3.3.3 Causes and consequences of income differences. Each one has a worked solution and a mark scheme showing where the marks go.