Examlex
Which of the following nations experienced average rates of economic growth of less than 2.0 percent over the last 100 years?
Median Household Income
The middle income value when all the households in a given area are arranged from lowest to highest income; half of households earn more and half earn less than this amount.
Household Income
The combined gross income of all members of a household, usually measured annually, that is available for spending or saving.
Poverty Rates
Measures the proportion of the population living below the poverty line, reflecting the general state of economic deprivation in a society.
Great Compression
A period in the mid-20th century where income inequality significantly decreased in the United States, largely due to governmental policies and economic shifts.
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