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Poverty/Inequality, - Coggle Diagram
Poverty/Inequality
Poverty
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Global Poverty Trends
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Uk Poverty
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To fix; Employment security/benefits, Pension plans
Inequality
Types
Wealth
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Causes
Mostly Inherited wealth, Inheritance is difficult to tax as people would then not build up wealth
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Ways to Measure
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Palma ratio
Percentage share of GDP of the Richest 10% in a country/ Percentage share of GDP of the Poorest 40% in a country
Kuznets Curve
When an economy is in early stages, income is evenly disributed
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