What is inequality? This:
Credit Suisse numbers released in October 2010 show that the richest 0.5 percent of global adults hold well over a third of the world’s wealth. – See more at: http://inequality.org/global-inequality/#sthash.mMH7d4NB.dpuf
Source: Credit Suisse Research Institute
How do we measure it?
The GINI index:
A score of 0 means that every person in that country has exactly the same amount of wealth. A score of 100% means that only one person has all the wealth.
- Why does it matter? Watch this:
Go to Gapminder and check the Gini index of countries to answer the following questions:
(Gapminder / Economy / Poverty & Inequality / Inequality Index (Gini)
- Which country in the world has the highest Gini index?
- Which has the lowest?
- What is the Gini index of Japan?
- Of the United States?
- Of your Study Country?
Use those three countries (Japan, US & study country) to answer the following questions:
What is the relationship (gapminder) between Gini index score and:
- Children per women?
- CO2 emissions?
- Income per person?
- Child Mortality?
- Life Expectancy?
The last question: Why does Japan have such low inequality?