It caused social tension between the poor and the rich which led to revolts and after some time, social decay governmental collapse
It caused social tension between the poor and the rich which led to revolts and after some time, social decay governmental collapse
The Lorenz curve was developed by Max O. Lorenz. The Lorenz curve is a visual representation in economics which displays the income distribution of a nation graphically. On the y-axis, you have income distribution (either as a percentage, or in decimal form); on the x-axis, there is population distribution of total wealth. There is an upward sloping, 45 degree reference line that shows perfectly equal distribution of wealth (i.e 25% of the lowest income earners have 25% of the nation's income). From the Lorenz curve, you can calculate the Gini coefficient; the closer the coefficient is to zero, the more distributed the income of a nation is.
The word 'wealth' is ? (tomi) in Japanese.
The impact of the rich not being rich anymore would depend on various factors. On one hand, reducing wealth inequality could lead to a more equitable society, potentially improving access to resources and opportunities for the less fortunate. On the other hand, if the wealthy were to lose their wealth abruptly, it could disrupt investments, job creation, and economic stability, negatively affecting many livelihoods. Ultimately, a balanced approach to wealth distribution is crucial for a healthy economy and society.
Their wealth is estimated at 650 billion dollars.
It caused social tension between the poor and the rich which led to revolts and after some time, social decay governmental collapse
i wish i knew the answer.
Polar Molecule
An uneven distribution of wealth
someone answer, we need this too! <3
Due to the uneven distribution of food and the uneven distribution of the vast wealth that flows from that nation's gold and diamond mines. There is plenty of food but greed on the part of the people holding the wealth prevents it from getting to those who starve.
the uneven distribution of wealth.
The economy of the United States crashed in 1929 and caused the Great Depression. The uneven distribution of wealth led to this because the poor had no money at all, and the rich had all of the money. When the economy crashed, everyone lost money.
There was an uneven distribution. The rich were getting richer, while the poor were getting more poor.
In South Africa, the distribution of wealth and income is largely uneven. There are a few wealthy people, while there are a lot of people who are very poor, and lack even the bare necessities.
Some of the social problems in China are a result of the uneven distribution of social wealth in the country. Social problems include regional imbalances and employment distribution.
The uneven distribution of population in Pakistan can be attributed to factors such as geographic features like mountains and deserts that limit inhabitable areas, historical patterns of settlement, economic opportunities in urban areas, and social factors like cultural preferences and availability of resources. Additionally, government policies and infrastructure development also play a role in shaping population distribution in the country.