Given the Table Shown, Which Country Has a More Equal

question 35

Essay

Given the table shown, which country has a more equal income distribution? Explain your answer.

$\begin{array}{|l|l|l|l|l|l|}\hline \text { Country } & \text { Bottom Fifth } & \text { Second Fifth } & \text { Middle Fifth } & \text { Fourth Fifth } & \text { Top Fifth } \\\hline \text { Country A } & 9.0 \% & 13.5 \% & 17.5 \% & 22.9 \% & 37.1 \% \\\hline \text { Country B } & 4.8 \% & 10.5 \% & 16.0 \% & 23.5 \% & 45.2 \% \\\hline\end{array}$

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Definitions:

Treasury Shares

Shares that were once part of the outstanding shares but were bought back by the company, reducing the amount of stock in the open market.

Sydney Tar Ponds

A hazardous waste site in Canada, notorious for its toxic sludge resulting from the byproducts of steel and iron industries.

Nova Scotia

A Canadian province located on the country's Atlantic coast, known for its maritime history and natural beauty.

Solid Waste

Non-liquid, non-soluble materials ranging from municipal garbage to industrial wastes that can create significant pollution and health risks.