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1. (Pages 3 -5)a. what are some of the dimensions of economic inequality and what is considered income? b. Explain three methods of measuring income

1. (Pages 3 -5)a. what are some of the dimensions of economic inequality and what is considered income?

b. Explain three methods of measuring income inequality of a nation.

2. Compare the method used by the United Nations to measure of global poverty, to the method used to measure U.S poverty rate. (Pages 3 -5)

3. How can profit motive lead to income inequality? (Pages 33 - 35)

4. How does profit motive affect innovation and economic productivity? (Pages 43 - 50).

5. Describe some of the basic components of the evolution of capitalism (pages 73 - 82).

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