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The gini coefficient of Germany means that the average citizen of Germany has likely more money and a higher standard of living than the average American. Germa
by Der_Einzige 6y ago
The gini coefficient of Germany means that the average citizen of Germany has likely more money and a higher standard of living than the average American. Germany has far fewer ultra-rich and ultra-poor people.
Gdp per capital is misleading without talking about measures of income inequality
- kmonsen 6y agoYeah this is the point, life in for example Germany has a very acceptable life quality for less money.