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Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is a Gini coefficient?
💡 Hint: Think of it as a number that tells how equal or unequal wealth is.
Question 2
Easy
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.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What Gini coefficient value indicates perfect equality?
- 0
- 0.5
- 1
💡 Hint: The lower the Gini, the more equal the distribution.
Question 2
True or False: The Great Divergence refers to the economic gap that developed between Western and Eastern economies.
- True
- False
💡 Hint: Think about the historical phases of development.
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
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.
Question 2
Evaluate how environmental externalities resulting from industrialization can lead to economic inequalities.
💡 Hint: Think about how environmental damage affects different social strata.
Challenge and get performance evaluation