Overview Module 15: Income Distribution E1 Study Plan: Income Distribution Discu

Question

Overview Module 15: Income Distribution E1 Study Plan: Income Distribution Discussion: Income Distribution O Starts Aug 28, 2017 11:00 AM Ends Dec 7, 2017 11:30 PM How would you define income inequality? How is income inequality measured? What has happened to income inequality in the United States since the end of the Second World War in 1945? What evidence can you provide to support your answer? What are reasons for changes in income inequality since 19457 Suggestion: Click here to visit the Web site for the documentary film Inequality for All. The site enables you to rent or purchase the film, If you choose. Or you can click on "Graphics Package" to download a free copy of informative graphics from the film. Take a look at those. Summarize what you learn, and share your thoughts.

Explanation / Answer

Income inequality can be defined as the variation in income across different income groups. Income inequality can be measured using using ginni coefficient or through lorenz curve.Income inequality ha decreased in USA with lot more jobs coming up .Us became the major power house of the world with dollar as official trading currency. With huge increase in manufacturing sector in USA due to which more jobs added.

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