Class 10 & 11 Flashcards

1
Q

What is the Gini Index?

A
  • It measures income inequality between 0 (complete equality, everyone has the same per capita income) and 1 (complete inequality)
  • BR: the 10th worst Gini –> we’re extremely unequal, in concentration of lands (for agriculture) is even worse
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What’s the difference between poverty and extreme poverty? Where are the poor people in Brazil?

A
  • Poverty: around 30% of the total population is in poverty (US$ 5.50 per day) and around 6% is in extreme poverty (US$ 1.90 per day)
  • Most poor and extremely people are in the northeast, southeast and north regions.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What should be changed to reduce inequality of taxes?

A

Have higher inheritance taxes, as super rich people pay proportionally less (Real tax / Total annual earnings)

  • Inheritance tax, is currently 4% in Brazil and between 30 and 60% in most developed countries
How well did you know this?
1
Not at all
2
3
4
5
Perfectly