Tag: kuznets curve

This quiz consists of multiple-choice questions designed to assess your understanding of the various methods used to measure economic inequality.

The Kuznets Curve is an inverted U-shaped curve that illustrates the relationship between economic inequality and economic development. It was first proposed by economist Simon Kuznets in 1955. According to the Kuznets Curve, economic inequality increases in the early stages of economic development, but then decreases as development continues.