among the following which country tops in inequality of income
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south africa is the answer
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Among the following which country tops in inequality of income
(a)Hungary (b)Russia (c)South Africa (d)UK
The country which tops in inequality of income is South Africa.
The term Inequality of income:
Inequality of income is how uneven and unequally income is distributed among a population. An income inequality study helps to determine the disparity of income between a segment of the population.
- According to the Gini coefficients the country of South Africa has an inequality income rate of 63% and tops the list.
- The country of South Africa stands first among the other options.
- Whereas, Russia has an inequality income rate of 37.5% and is the second top country after South Africa.
- The United Kingdom (UK) stands third in this list with a rate of 34.8%
- The rate of income inequality in Hungary is 30.6% which makes it the fourth top country on the list.
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