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.

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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

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