Characteristics of countries at different levels of development (3)

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1.

Using an age-structure diagram, explain how changes in the age structure of a population can affect economic growth and resource allocation. Consider the potential implications for a country experiencing a demographic transition.

2.

The Lorenz curve and the Gini coefficient are commonly used to measure income inequality. (a) Explain, in terms of the information they provide, how the Lorenz curve and the Gini coefficient are used to assess the level of income inequality in an economy. (b) Describe the limitations of using the Gini coefficient as a measure of income inequality.

3.

Consider the following table showing the percentage of the population living in urban areas for several countries. Discuss the factors that might explain the differences in urbanization rates between these countries. (25 marks)

CountryUrbanisation Rate (%)
Japan84
Nigeria55
Brazil83
India36