If wizarding is real in the Harry Potter universe and users of magic can create abundance by using spells, how is it possible that the inhabitants of the magical world are still divided by class based on their monetary worth? ( ex: the Weasley family are considered poor, while the Malfoys are considered wealthy )
While magic may provide some means of creating abundance in the Harry Potter universe, it does not necessarily guarantee equal distribution of resources or eliminate societal hierarchies based on wealth and class.

Firstly, the wizarding world, much like the Muggle world, has a history of socioeconomic inequality and class-based discrimination. The pure-blood supremacist ideology, which is prevalent among some wizarding families like the Malfoys, perpetuates the notion that certain families are inherently superior to others based on their lineage and wealth. This creates a culture of privilege and exclusivity that reinforces social and economic inequality.

Secondly, while magic can create abundance, it still requires resources to perform spells and create magical objects. Some materials may be rarer or more expensive than others, leading to disparities in access to resources and contributing to class-based divisions. Additionally, not all wizards may have the same level of magical ability or training, and this can affect their ability to create abundance and succeed in certain professions.

Lastly, the existence of magic does not necessarily eliminate societal problems such as greed, corruption, or exploitation. It is possible that some individuals or groups may use their magical abilities to further their own interests at the expense of others, creating or exacerbating wealth inequalities and class-based divisions.

In summary, while the use of magic may provide some means of creating abundance in the wizarding world, it does not necessarily eliminate societal hierarchies based on wealth and class. The existence of socioeconomic inequality and discrimination in the magical world is a reflection of the flawed human nature that exists in both the Muggle and wizarding worlds.
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