India is suddenly in the news for all the wrong reasons. It is now hitting the headlines as one of the most unequal countries in the world, whether one measures inequality on the basis of income or wealth.
So how unequal is India? As the economist Branko Milanovic says: “The question is simple, the answer is not.” Based on the new India Human Development Survey (IHDS), which provides data on income inequality for the first time, India scores a level of income equality lower than Russia, the United States, China and Brazil, and more egalitarian than only South Africa.
According to a report by the Johannesburg-based company New World Wealth, India is the second-most unequal country globally, with millionaires controlling 54% of its wealth. With a total individual wealth of $5,600 billion, it’s among the 10 richest countries in the world – and yet the average Indian is relatively poor.
Compare this with Japan, the most equal country in the world, where according to the report millionaires control only 22% of total wealth.
In India, the richest 1% own 53% of the country’s wealth, according to the latest data from Credit Suisse. The richest 5% own 68.6%, while the top 10% have 76.3%. At the other end of the pyramid, the poorer half jostles for a mere 4.1% of national wealth.
What’s more, things are getting better for the rich. The Credit Suisse data shows that India’s richest 1% owned just 36.8% of the country’s wealth in 2000, while the share of the top 10% was 65.9%. Since then they have steadily increased their share of the pie. The share of the top 1% now exceeds 50%.
This is far ahead of the United States, where the richest 1% own 37.3% of total wealth. But India’s finest still have a long way to go before they match Russia, where the top 1% own a stupendous 70.3% of the country’s wealth.
Answer:
Political parties can use voter-data management systems to tailor their policies to fit their constituents best and maximize voter turnout.
That's how politicians interact with the voters.
"...Politicians and their campaigns use these lists to perceive the electorate".
Human twin and adoption studies imply that aggressive tendencies in human beings are "<span>at least partly influenced by genetics".</span>
Adoption studies are one of the great devices of behavioral genetics. These studies are used to gauge how much a characteristic shifts in light of environmental and genetic variety. Adoption studies are normally utilized together with twin studies while evaluating heritability.
Answer:
Magna Carta exercised a strong influence both on the United States Constitution ... included declarations of rights intended to guarantee individual citizens a list of ... their self-government, freedom from taxation without representation, the right to a ... colony create a new state constitution “sufficient to the exigencies of affairs.
Explanation:
Answer:
a. Girls are more likely to pursue education after school graduation.
Explanation:
When it comes to performance in education, the girls are said to outperform the boys and this creates a gender gap.
Girls who graduated from high school are more likely to pursue <em>college</em> <em>education</em> while those who graduated college are more likely to enter a<em> graduate school</em> than boys. This shows how girls are more academically inclined and engaged in school. This is because girls have already grasp the importance of having a high-level of education in order to find a good job and a better quality of life. So this is the reason why <u>women are more likely to continue her education when compared to boys.</u>
