5 - Economic Inequalities: Measuring and Understanding Disparities
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Practice Questions
Test your understanding with targeted questions
What is a Gini coefficient?
💡 Hint: Think of it as a number that tells how equal or unequal wealth is.
What does per capita GDP refer to?
💡 Hint: It's like a way to understand how prosperous a person would be based on total wealth.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What Gini coefficient value indicates perfect equality?
💡 Hint: The lower the Gini, the more equal the distribution.
True or False: The Great Divergence refers to the economic gap that developed between Western and Eastern economies.
💡 Hint: Think about the historical phases of development.
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Challenge Problems
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Discuss the implications of a Gini coefficient increasing over time for a country. What corrective actions could governments employ?
💡 Hint: Consider both economic policies and social reforms.
Evaluate how environmental externalities resulting from industrialization can lead to economic inequalities.
💡 Hint: Think about how environmental damage affects different social strata.
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