Which economic model describes growing disparity between the rich and poor following a recession?

💡 Explanation:

A K-shaped economy is a post-recession recovery pattern where the performance of different sectors or groups diverges significantly. Some segments (typically high-income earners and tech) recover quickly and continue to prosper (the upper arm of the K), while others (low-income earners and traditional industries) experience a continued slump (the lower arm), leading to entrenched inequality.