Examlex
Which economic system most openly accepts the idea of materialism and private property?
Lorenz Curve
A graphical representation of the distribution of income or wealth within a society, showing the proportion of the total income earned by various segments of the population.
Line Of Perfect Equality
A representation in economics and statistics showing an equitable distribution of income or wealth, where everyone has the same amount.
1980s
A decade characterized by economic neoliberal policies, technological advancements, and significant political changes worldwide.
Upper Two Quintiles
Refers to the top 40% of the income distribution in a given population.
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