Inequality Flashcards
1
Q
What is the Kuznets Curve?
A
It suggests that economic inequality tends to increase during the early stages of economic development, but then decreases as a country
becomes more developed.
2
Q
What is the Environmental Kuznets Curve?
A
It suggests that environmental pollution tends to increase as a country’s income increases during the early stages of economic development, but then decreases as a country becomes more developed