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#Chandragupta Maurya died in a cave on Chandragiri Hill at Shravanabelagola, Karnataka, around 298-295 BCE, by voluntarily starving himself to death through a Jain practice called sallekhana.
#HISTORY@GSANDGA
History
#HISTORY@GSANDGA
History
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The Lorenz Curve shows how income is shared in a society.
π The straight line = perfect equality.
π The curved line = reality (inequality).
βοΈ The bigger the gap, the higher the Gini Coefficient β more inequality.
π So the closer the curve is to the line, the fairer the income distribution!
#ECONOMICS@GSANDGA
Economics
π The straight line = perfect equality.
π The curved line = reality (inequality).
βοΈ The bigger the gap, the higher the Gini Coefficient β more inequality.
π So the closer the curve is to the line, the fairer the income distribution!
#ECONOMICS@GSANDGA
Economics
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The Kuznets Curve π
As countries get richer, inequality first rises⦠then eventually falls.
πΉ Early growth = wealth for the few.
πΉ Later growth = education, welfare, wider opportunities.
Itβs shaped like an inverted U β inequality goes up, peaks, then comes down.
#ECONOMICS@GSANDGA
Economics
As countries get richer, inequality first rises⦠then eventually falls.
πΉ Early growth = wealth for the few.
πΉ Later growth = education, welfare, wider opportunities.
Itβs shaped like an inverted U β inequality goes up, peaks, then comes down.
#ECONOMICS@GSANDGA
Economics
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β€3π1π1
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