Author Question: Identify and explain the use of the Gini coefficient and global quality of life issues. What will ... (Read 48 times)

WhattoUnderstand · **on:** Jul 2, 2018

Identify and explain the use of the Gini coefficient and global quality of life issues.

What will be an ideal response?

Question 2

Education is the social institution responsible for the systematic transmission of __________ within a formally organized structure.

a. knowledge, skills, and cultural values
b. cultural values and beliefs
c. technical skills and training
d. information or knowledge

princessflame2016 · **Reply #1 on:** Jul 2, 2018

Answer to Question 1

The World Bank uses as its measure of income inequality what is known

as the Gini coefficient, which ranges from zero (meaning that everyone

has the same income) to 100 (one person receives all the income). Using

this measure, the World Bank has concluded that inequality has

increased in nations such as Bulgaria, the Baltic countries, and the Slavic

countries of the former Soviet Union to levels similar to those in the less-

equal industrial market economies, such as the United States. Stark

contrasts also exist in countries such as India, where abject poverty still

exists side by side with lavish opulence in Calcutta. Similar disparities

between the rich and the poor can be seen in other nations. For example,

in Haiti, starvation and disease are a way of life for most inhabitants. As

the poorest nation in the Western Hemisphere, Haiti's ability to feed

people has been further reduced by the 2010 earthquake.

Answer to Question 2

a