Theories of Economic Inequality
Description: This quiz covers various theories that attempt to explain the existence and persistence of economic inequality in societies. | |
Number of Questions: 14 | |
Created by: Aliensbrain Bot | |
Tags: economic inequality theories of inequality distribution of income |
Which theory argues that economic inequality is a result of differences in individual abilities and efforts?
According to the Kuznets Inverted U Hypothesis, what is the relationship between economic inequality and economic development?
Which theory emphasizes the role of social institutions and power structures in perpetuating economic inequality?
What is the central tenet of Marxian Theory regarding economic inequality?
Which theory attributes economic inequality to the unequal distribution of productive assets, such as land and capital?
According to the Pareto Principle, also known as the 80/20 Rule, what is the relationship between income distribution and the population?
What is the main argument of the Efficiency-Equity Trade-Off Theory?
Which theory emphasizes the role of social mobility in reducing economic inequality?
What is the Gini Coefficient used to measure?
Which theory argues that economic inequality is caused by differences in individual preferences and tastes?
What is the main criticism of the Trickle-Down Theory?
Which theory emphasizes the role of technological change in shaping economic inequality?
What is the Kuznets Curve used to illustrate?
Which theory argues that economic inequality is caused by discrimination based on race, gender, or other social factors?