Equity of Income Distribution
Equity of income distribution means that everyone has enough income to provide for their basic needs. This video provides an overview of how equity can be measured using a Lorenz diagram and Gini coefficients, and discusses ways in which governments can help to achieve income equity. Featuring real-life examples statistics and informative graphs and diagrams, this is an essential resource for Economics classrooms.
Production Year: 2022
Duration: 6 min
Printable Resources: Yes
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