Choose the One Alternative That Best Completes the Statement or Answers

question 17

Multiple Choice

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Definitions:

Poverty

A situation in which people or groups do not have enough money and basic necessities to meet the bare minimum living standards.

Gini Ratio

An indicator of the level of income distribution unevenness in a society, ranging from 0, which implies equal income for all, to 1, indicating one person possesses all the wealth.

Lorenz Curve

A graphical representation used to show the distribution of income or wealth within a society.

Gini Ratio

A measure of income or wealth inequality within a population, ranging from 0 (perfect equality) to 1 (maximum inequality).