Sociology : Inequality

Study concepts, example questions & explanations for Sociology

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Example Questions

Example Question #1 : Inequality

Which of the following is most commonly used to measure economic inequality?

Possible Answers:

HDI

GINI coefficient

GDP

Polity Score

Correct answer:

GINI coefficient

Explanation:

The GINI coefficient is an index between 0 and 1, where 0 represents complete equality and 1 represents complete inequality. All countries are given a GINI ranking to represent the level of domestic inequality. HDI (the Human Development Index) is not solely a measure of inequality. GDP cannot be used to assess individual wealth (unlike GDP per capita), and the Policy Sore is a measure of a country's level of democracy.

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