The slums in the video illustrate the vast inequality that can exist within a country. Which measurement captures this inequalit

Question

Lana71 [14]

2 years ago

11

The slums in the video illustrate the vast inequality that can exist within a country. Which measurement captures this inequalit

y?
World systems theory
Global stratification
Dependency theory
The Gini coefficient

History

1 answer:

lesantik [10] · Answer 1 · 2022-07-31T06:41:01+03:00

Answer: The Gini coefficient

Explanation:

Economists realized that while metrics such as Gross Domestic Product (GDP) could show the wealth of a nation, they could not show how this wealth was divided amongst its citizens.

The Gini coefficient helped with this as it measures the degree of inequality in an economy. It is measured based on a number between 0 and 1 and any country that has a coefficient closer to one is generally more unequal in its wealth distribution.