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How has the distribution of income in the US changed over the last 20 years?

it has become less equal


How did industry affect the distribution of wealth in the US?

The income gap between rich and poor grew smaller.


What us Lorenz curve and what does it suggest about distribution of income in the us?

The Lorenz curve is a graphical representation of income or wealth distribution within a population, illustrating the proportion of total income earned by cumulative percentages of the population. A perfectly equal income distribution would be represented by a 45-degree line, while the actual curve typically bows below this line, indicating inequality. In the U.S., the Lorenz curve suggests a significant disparity in income distribution, with a considerable portion of wealth concentrated among the top earners, reflecting growing economic inequality over recent decades.


Which most closely approximates a normal distribution in the US age at time of death or annual income?

Age at death.


What best describes the US?

The best description of the US government can be describes as follows;The US government is a democratically elected government, subject to changes by elections or impeachments. The government of the US is said to be reflective of the wishes of the US public at large.


What best describes the US governments?

The best description of the US government can be describes as follows;The US government is a democratically elected government, subject to changes by elections or impeachments. The government of the US is said to be reflective of the wishes of the US public at large.


What is the lorenz curve and what dose is suggest about the distribution of income on the us?

the Lorenz curve is the curve that illustrates income distribution, the curve states that there is a big income gap between Americans for many reasons: differences in skills and education, inheritances, and field of work. the wealthiest fifth Americans households earned nearly as much income as the four- fifths combined.


What best describes the US Congress in the 1970s?

the democrats had majorities...


Which best describes the relationship between the US near the Philippines?

The US did not grant the Philippines independence.


What best describes the US at the beginning twentieth century?

politically unstable


What term best describes the class system in the US today?

A meritocracy


What best describes the US at beginning of the twentieth century?

politically unstable