This paper presents a new approach according to which the issue of socio - economic inequality is addressed not by applying social or fiscal policy measures, but by strengthening societal psychological resilience: by shaping a society characterized by a high level of social culture a nd education, by fostering a society in which individuals are resistant to life difficulties. In this paper, we pursue the ai m of demonstrating the socio - economic vulnerability factors, the importance of strengthening resilience and reduction of socio - econ omic inequality , by analyzing data of a survey which was conducted in 2016 (representative sample, n=1001). The research results have demonstrated statistically significant differences of resilience in different income quintiles’ groups and resilience in d ifferent subjective socio - economic status groups and have revealed statistically significant differences in reaction to life difficulties in different income quintiles’ groups and in different subjective social economic status groups.
Original languageEnglish
Pages (from-to)489-500
JournalEntrepreneurship and Sustainability Issues
Issue number4
Publication statusPublished - 2017



  • Socio-economic inequality
  • Vulnerability
  • Vulnerable social groups
  • Resilience
  • Hardiness

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