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Unformatted text preview: 2-17-2010The Gini Coefficient measures the degree of inequality in the distribution of family income in a countryThe Human Development Index measures a combination of three factors, including life expectancy, adult literacy and gross enrollment in education and the standard of livingThe Gender Related Development Index measures the percentage of families//households that earn less than half of the mean family income. A low Gini Coefficient indicates more equal income or wealth distribution, while a high Gini Coefficient indicates more unequal distributionJapan has not changed dramatically between the 1980s and current timesThe US is a complete loner among developed countries. There is a no overlap between any single US state and any other developed country no state is within the normal range of incomeWhat are the advantages of the Gini Coefficient as a measure of inequality?It is a measure of inequality by means of ratio analysis, rather than variable unrepresentative of most of the population such as per capital income or gross domestic product.the population such as per capital income or gross domestic product....
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This note was uploaded on 04/20/2010 for the course SOC 63 taught by Professor Sabinefruhstuck during the Winter '10 term at UCSB.
- Winter '10