Gini coefficient - Study guides, Class notes & Summaries

IB Global Politics Development Latest Update Graded A+ development sustained increase in the standard of living of a society human development the process of enlarging people's freedoms and opportunities and improving their well-being economic development the increase in productivity and revenue sociopolitical development social developments GDP shows average income but does not show how this is dispersed Gini Coefficient measures inequality of society, assumes inequality ...

Macroeconomics : The study of the economy as a whole, including inflation, growth and unemployment. Aggregate demand : The total amount of goods / services demanded in an economy at a given time at a given price level. Aggregate supply : Total amount of goods and services supplied in the economy at a given time at given price level. What is GDP? : Gross Domestic Product = the total value of all goods and services produced in an economy in a given time period. What does % change in ...

The rise of technology, which has contributed to increasing inequalities between countries, is referred to as... global stratification Symbolic interactionist theory studies the ways that people often interact with others who belong to their same class because... symbols of stratification help to reflect our identity with certain groups Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:15 Full screen Brainpower Read More social stratificat...

Six Sigma - Answer A method that provides tools for organizations to increase performance and decrease process variation Globilization - Answer when international integration arises from the interchange of world views, products, ideas, and other aspects of culture. CAGE - Answer culture, administration, geography, economics Gini Coefficient - Answer measures the inequality among values of a frequency distribution such as levels of income Happy Planet Index - Answer measures how well ...

IB Global Politics Development Latest Update 100% Solved development a sustained increase in the standard of living within a society Maslow's Hierarchy of Needs physiological, safety, love/belonging, esteem, self- actualization socio-political combining social and political factors GDP Gross Domestic Product- the total market value of all final goods and services produced annually in an economy Gini Coefficient A measure of income inequality within a population, ranging from...

Macroeconomics : The study of the economy as a whole, including inflation, growth and unemployment. Aggregate demand : The total amount of goods / services demanded in an economy at a given time at a given price level. Aggregate supply : Total amount of goods and services supplied in the economy at a given time at given price level. What is GDP? : Gross Domestic Product = the total value of all goods and services produced in an economy in a given time period. What does % change in ...

IB Global Politics Development Latest Update Graded A+ GDP total value of all goods and services produced in a country in a year Gini Coefficient a statistical method of modeling/graphing the extent of wealth inequality GDP per capita Gross domestic product divided by the number of people in the population. infrastructure the basic systems and structures a state needs to work properly Privitization the sale of a business that was owned and managed by government to a private co...

Macroeconomics - ANSWERSThe study of the economy as a whole, including inflation, growth and unemployment. Aggregate demand - ANSWERSThe total amount of goods / services demanded in an economy at a given time at a given price level. Aggregate supply - ANSWERSTotal amount of goods and services supplied in the economy at a given time at given price level. What is GDP? - ANSWERSGross Domestic Product = the total value of all goods and services produced in an economy in a given time period....

What is the Human development index (HDI)? - ANSWER-- This measure the education, healthcare, income, life expectancy and other factors - Scales from 0 (least developed country) to 1 (most developed country What is gross domestic product per capita (GDP)? - ANSWER-- This is the total value of goods and services produced by a country annually - GDP per capita equals GDP divided by the population of a country What is corruption perception Index (CPI)? - ANSWER-- This is approximate measurem...

development - Answer-a sustained increase in the standard of living within a society Maslow's Hierarchy of Needs - Answer-physiological, safety, love/belonging, esteem, self-actualization socio-political - Answer-combining social and political factors GDP - Answer-Gross Domestic Product- the total market value of all final goods and services produced annually in an economy Gini Coefficient - Answer-A measure of income inequality within a population, ranging from zero for complete equality...