Examlex
Explain what is meant by "in-kind transfer" programs. Briefly outline the advantages and disadvantages of an in-kind transfer program.
Gini Coefficient
An indicator of how unevenly income is distributed in a population, with 0 representing complete equality and 1 signifying absolute inequality.
Income Distribution
How a nation’s total GDP is distributed amongst its population, a key factor in understanding economic inequality and wealth distribution within a society.
Inequality
Refers to the uneven distribution of resources or opportunities within a society, often manifesting in disparities in income, wealth, health, and access to services.
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