PEACE The Case For Democracy
GINI INDEX
The GINI INDEX measures Income Distribution across a population.
It was developed by the Italian statistician Corrado Gini in 1912.
It is still seen as the leading gauge of economic equality in a nation.
The INDEX ranges from 1 to 0
1 Implies that ONE person owns everything
0 Implies perfect equality -> every person owns the same
So, the LOWER the score the better!
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