What does income distribution mean?
Definitions for income distribution
in·come dis·tri·bu·tion
This dictionary definitions page includes all the possible meanings, example usage and translations of the word income distribution.
Wikipedia
Income distribution
In economics, income distribution covers how a country's total GDP is distributed amongst its population. Economic theory and economic policy have long seen income and its distribution as a central concern. Unequal distribution of income causes economic inequality which is a concern in almost all countries around the world.Classical economists such as Adam Smith (1723–1790), Thomas Malthus (1766–1834), and David Ricardo (1772–1823) concentrated their attention on factor income-distribution, that is, the distribution of income between the primary factors of production (land, labour and capital). Modern economists have also addressed issues of income distribution, but have focused more on the distribution of income across individuals and households. Important theoretical and policy concerns include the balance between income inequality and economic growth, and their often inverse relationship.The Lorenz curve can represent the distribution of income within a society. The Lorenz curve is closely associated with measures of income inequality, such as the Gini coefficient.
Wikidata
Income distribution
In economics, income distribution is how a nation’s total GDP is distributed amongst its population. Income and its distribution have always been a central concern of economic theory and economic policy. Classical economists such as Adam Smith, Thomas Malthus and David Ricardo were mainly concerned with factor income distribution, that is, the distribution of income between the main factors of production, land, labour and capital. Modern economists have also addressed this issue, but have been more concerned with the distribution of income across individuals and households. Important theoretical and policy concerns include the relationship between income inequality and economic growth. The distribution of income within a society may be represented by the Lorenz curve. The Lorenz curve is closely associated with measures of income inequality, such as the Gini coefficient.
Numerology
Chaldean Numerology
The numerical value of income distribution in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of income distribution in Pythagorean Numerology is: 3
Examples of income distribution in a Sentence
I think that she is going to be laying out an agenda that looks at what inequality means for families up and down the income distribution, what we can do to fix it, and it's really exciting to see a politician take up a very serious set of research ideas and bring them into the public debate.
What we see there then is this increase in households at the lower end of the income distribution tended to hold down median household income.
I do not think that we have issues now in Europe that blatantly pertain to police brutality or issues of race transcending into our systems, but we do have an issue in Europe, which is the issue of inequalities and income distribution — making the best for everyone of what we have.
We have clearly reached the outer bound of how much money you can give back to the those at the top of the income distribution and have it be economically useful.
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"income distribution." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/income+distribution>.
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