Creation and Distribution of Weatlth

Which item is an example of wealth?

• 
• 
• 
• 

Which province has the lowest per capita income? - (Q4, 2018)

• Western Cape

• Northern Cape

• Kwa Zulu-Natal

• Mpumalanga

The (a)   shows the uneven distribution of income or wealth between households

Money is not considered wealth.

• True

• False

Wealth accumulation by individual is done by the following means? (select the most correct answer)

• 1. Savings

  2. Depreciation of Assets

  3. Luck

• 1. Luck

  2. Gifts

  3. Spending Inheritance

• 1. Depreciation of Assets

  2. Savings

  3. Gifts

• 1. Luck

  2. Inheritance

  3. Appreciation of Assets

The (a)   Is the statistical measure of the degree of inequality of the distribution of wealth and income amongst households in a country

The Gini Coefficient is a value between ________?

• (0 - 1)

• (0 - 100)

• (1 -2)

• (0.0 - 2.0)

The Lorenze curve is often drawn above the 45 degree line?

• False

• True

Define Human Capital

• is any manufactured asset that is applied in production, such as machinery, shops or office bulidings

• is the physical and intellectual abilities of people to produce output

• the value of the monetary contribution that humans make to a business

• the number of people employed to produce inputs

Which country has the lowest Gini Index?

• Germany

• Italy

• Japan

• Canada