Friday, April 5, 2013

How is income gap measured?


How is income gap measured?

The income gap is, measured by the amount of money made by a group as compared to another group in society. The gap comes from the difference in money between the social classes. Now the question is, is this an effective way of measuring the gap? For the most part the answer to this question is yes. It’s pretty dependable, as long as numerous salaries are pulled and the math is done right. However you could disagree, comment saying what your Opinion is of the way the income gap is measured or how it should be measured.

Here is a picture to help demonstrate this process:



This picture also depics the way the income gap has decreased and then grow since the Great Depression.

1 comment:

  1. So what does this mean for America? Why do you think it is happening?

    ReplyDelete