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(Figure: Lorenz Curve) In the figure, the Lorenz curve representing the deviation from perfect income equality is:
Employees
Employees are individuals who are hired by an employer to perform specific duties in exchange for compensation, typically in the form of wages or salary.
Great Depression
A severe, worldwide economic downturn that took place during the 1930s, marked by high unemployment, deflation, and a significant drop in consumer spending and investment.
Unions
Organizations formed by workers to advocate for their rights, benefits, and interests within the workplace.
Organize
To arrange or structure people, items, or activities in a systematic way for efficiency or clarity.
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