Economy, asked by ambetkar5547, 11 months ago

Give an introduction to the kuznets inverted u hypothesis

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Answered by Anonymous
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In economics, a Kuznets curve (/ˈkʌznɛts/) graphs the hypothesis that as an economy develops, market forces first increase and then decrease economic inequality. ... Kuznets believed that inequality would follow an inverted “U” shape as it rises and then falls again with the increase of income per-capita.

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