Gini Coefficient
Definition
The Gini coefficient is a measure of income inequality within a population. It ranges from 0 (perfect equality) to 1 (maximum inequality), with higher values indicating greater income disparities.
Related terms
Poverty Line: A threshold set by governments or organizations to define the minimum level of income deemed necessary for basic living needs.
Human Development Index (HDI): A composite index measuring average achievement in three key dimensions of human development - health, education, and standard of living.
Wealth Gap: Refers to the unequal distribution of assets or wealth within a society.
"Gini Coefficient" appears in:
Subjects (4)
AP Human Geography
AP Microeconomics
AP Spanish Language
Intro to Sociology
Study guides (1)
AP Comparative Government - 5.4 Policies and Economic Liberalization
Practice Questions (2)
What does the Gini Coefficient represent?
What does the Gini Coefficient scale range from, and what does it indicate about a country's income distribution?
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About Us
About Fiveable
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Privacy Policy
CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Cram Events
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Crisis Text Line
Help Center
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.