Figure 1.1
Identify the levels of organization in the figure above.
-Label D: ______________________________
Definitions:
Lorenz Curve
An illustrated chart that maps out the distribution of wealth or income among individuals in a society, revealing disparities.
Income Inequality
The unequal distribution of income among members of a society.
Gini Ratio
An assessment of the variation in income levels within a population, where 0 reflects equality in earnings and 1 reflects the highest possible inequality.
Income Inequality
The uneven distribution of income across various participants in an economy.
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