AQA A Level · 7136 · Paper 1: Markets and market failure
4.1.7.1 The Distribution of Income and Wealth
Also AQA AS 7135: 3.1.5.7
Everything you need for questions on the distribution of income and wealth, in the words examiners reward. An interactive seven-step lesson goes with it.
What's on this sheet
- Income and wealth
- Lorenz curve and Gini coefficient
- Causes of inequality
- Economic change, development and capitalism
- Classic question: should governments act to reduce income inequality?
- Equality or equity?
- Costs and benefits of more equality
- Side 2: practice tasks, where the marks go, and exam-style questions
- Separate answer key
The lesson in seven steps
- Lorenz curve and Gini coefficient
- Why are incomes unequal?
- Narrow or widen?
- Inequality trainer
- How much inequality?
- Build the chain
- Exam practice
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