Download the BYJU'S Exam Prep App for free IAS preparation videos & tests - Download the BYJU'S Exam Prep App for free IAS preparation videos & tests -

What does Kuznets inverted U hypothesis show?

As per Kuznets inverted U hypothesis, initially the income inequality will worsen as the economy grows, and the income inequality will reduce at later stages of economic development. You can read about the Kuznets Curve – Explanation of the Kuznets curve, its Criticisms in the given link.

Further readings:

  1. Inflation in Economy- Types of Inflation, Inflation Remedies [UPSC Notes]
  2. Indian Economy Notes For UPSC Exam [Download PDFs]

Related Links

RBI – Reserve Bank of India [UPSC Indian Economy Notes]

Previous Years Economics Mains Questions for UPSC General Studies Paper – 3

Consumer Price Index (CPI) – Indian Economy Notes

Wholesale Price Index (WPI) – Indian Economy Notes

Economic Survey 2021 – Definition, Importance & Highlights

Fiscal Policy in India – Objectives, Components, Fiscal Consolidation, FRBM Act, 2003

Monetary Policy – Objectives, Roles and Instruments (UPSC Indian Economy)

Union Budget 2021 – An Overview of Proposals on Six Different Pillars

Comments

Leave a Comment

Your Mobile number and Email id will not be published.

*

*