Learn Before
  • World Income Distribution in 1980 (Figure 1.5, Top Panel)

1980 Income Extremes: South Sudan and Switzerland

The 1980 global income distribution visualization (part of Figure 1.5) ranked countries by their average income for that year. This ranking identified South Sudan as the country with the lowest average income and Switzerland as the nation with the highest.

Image 0

0

1

a month ago

Contributors are:

Who are from:

Tags

Social Science

Empirical Science

Science

Economy

Ch.1 The Capitalist Revolution - The Economy 1.0 @ CORE Econ

The Economy 1.0 @ CORE Econ

CORE Econ

Economics

Related
  • 1980 Income Extremes: South Sudan and Switzerland

  • Labeled Countries in the 1980 World Income Distribution Chart

  • Consider a 3D bar chart representing global income distribution in 1980. On one axis, countries are arranged from poorest to richest based on their average income. For each country, the population is divided into ten equal-sized income groups, from the poorest 10% to the richest 10%. The height of each bar represents the average annual income for that specific group. Based on this structure, what is the most accurate analysis of global inequality in 1980?

  • Consider a three-dimensional chart representing the 1980 global income distribution. Countries are arranged along one axis from poorest to richest based on average income. For each country, the population is divided into ten equal income groups (deciles), which are arranged along a second axis. The height of the bar for each group represents its average annual income. Based on this structure, it is accurate to conclude that the poorest 10% of people in a high-income country were always wealthier than the richest 10% of people in a low-income country.

  • Analyzing Inequality in the 1980 World Income Distribution

  • Interpreting 1980 Global Income Data

  • A 3D chart visualizes the 1980 world income distribution. Countries are ordered from poorest to richest on one axis, and for each country, the population is divided into ten income groups (deciles) on another axis. The height of each bar represents the average annual income for that group. Match each visual feature of this chart with its correct economic interpretation.

  • Evaluating a Visualization of 1980 Global Income Inequality

  • Consider a three-dimensional chart representing the 1980 global income distribution. Countries are arranged along one axis from poorest to richest based on average income. For each country, the population is divided into ten equal income groups (deciles), which are arranged along a second axis. The height of the bar for each group represents its average annual income. Based on this structure, the chart's most prominent feature is the vast income disparity within individual countries, suggesting this was the dominant form of global inequality in 1980.

  • A three-dimensional chart visualizes the 1980 global income distribution. Countries are arranged on one axis from poorest to richest based on their average income. For each country, the population is divided into ten equal income groups (deciles), and the height of the bar for each group represents its average annual income. A key feature of the 1980 distribution was that the income differences between countries were very large, often greater than the differences within a single country. Based on this information, arrange the following hypothetical population groups in the correct order from lowest to highest average annual income.

  • A three-dimensional chart of the 1980 global income distribution arranges countries from poorest to richest and shows ten income groups (deciles) for each, with bar heights representing average income. The visualization reveals that the vast differences in average income between countries were a more significant determinant of a person's overall global income position than their relative income rank within their own country. This indicates that in 1980, the single most important factor shaping an individual's income level on a global scale was their ______.

  • A three-dimensional chart visualizes the 1980 global income distribution by arranging countries from poorest to richest, showing ten income groups (deciles) for each, and using bar height to represent average income. While this is a powerful tool for showing income disparities, which of the following represents the most significant limitation of this visualization method in conveying the complete global picture?