What Is the "Gini Index

question 17

Multiple Choice

What is the "Gini Index"?

• A)An index that measures the cost and profit of the largest megacorporations in the world;this index calculates the value and cost of each corporation.
• B)An income inequality index that measures how much disparity in income exists within a country.
• C)An index which calculates how much pollution is expelled per person within a country.
• D)A way of measuring global caloric output and distribution of food as a way of predicting malnutrition and obesity worldwide.
• E)An index that is used by the United Nations as a way of evaluating the political situation in each country;those with higher numbers on the index are more prone to human rights abuses.

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Definitions:

Global Stratification

The differences in wealth, power, and prestige of different societies relative to their position in the international economy.

Economic Dependency

A situation where an individual, group, or nation relies on another for financial support or resources.

Demographic Statistics

Quantitative data relating to the structure of populations, including information on age, gender, income, and education levels.

GNI

Gross National Income, which is the total domestic and foreign output claimed by residents of a country, including salaries of residents working abroad but excluding income of foreign residents.