Long Wave Theory and Income Inequality
Introduction Long Wave Theory, often referred to as Kondratiev Waves, proposes that capitalist economies move through long-term cycles of expansion ...
Tag: income inequality
Explaining Progressive Taxation
Introduction to Progressive Taxation Taxation is a critical tool used by governments worldwide to generate revenue, fund public services, and ...
Income Distribution: An Overview
Income distribution, a fundamental topic in sociology and economics, refers to the way in which a nation’s total income is ...
Economic Dualism: A Sociological Analysis
Economic dualism is a concept rooted in the structural differentiation within economies, where a developed, modern sector coexists with an ...
Understanding the Gini Coefficient in Sociology
Learn about the Gini coefficient, a measure of income inequality in society. Understand how to calculate the Gini coefficient and ...
Causes of Economic Recession: An Outline and Explanation from a Sociological Perspective
Learn about the key causes of economic recessions from a sociological perspective. This article explores financial instability, bursting of asset ...
Understanding Inflation in Sociology
Learn about the concept of inflation in sociology and its social consequences. Discover how inflation affects income inequality, standard of ...
