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]

Leave a Comment

Your Mobile number and Email id will not be published. Required fields are marked *