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Poverty in France has fallen by 60% over thirty years. Although it affected 15% of the population in 1970, in 2001 only 6.1% (or 3.7 million people) were below the poverty line (which, according to INSEE 's criteria, is half of the median income ).
The movement was initially motivated by rising crude oil and fuel prices, a high cost of living, and economic inequality. The movement argued that a disproportionate burden of taxation in France was falling on the working and middle classes, [67] [68] [69] especially in rural and peri-urban areas.
Income from black market economic activity is not included. The Gini coefficient is a number between 0 and 1 or 100, where 0 represents perfect equality (everyone has the same income). Meanwhile, an index of 1 or 100 implies perfect inequality (one person has all the income, and everyone else has no income).
Economic inequality is hardly unique to the United States. Rich and poor live side-by-side all over the world. But according to research from The Equality Trust, the consequences are the same ...
While John Meuvret first coined the term in France in 1946, economic historian Pierre Goubert popularized the concept during the 1960s with his study of economic inequality and mortality in Beauvais 1709–10. [2] A Subsistence crisis is a extreme situation where basic needs of livelihood are endangered. Subsistence crises affect individuals or ...
On May 18, 2014, the English edition reached number one on The New York Times Best Seller list for best selling hardcover nonfiction [3] and became the greatest sales success ever of academic publisher Harvard University Press. [4] As of January 2015, the book had sold 1.5 million copies in French, English, German, Chinese, and Spanish. [5]
Change in per capita GDP of France, 1820–2018. Figures are inflation-adjusted to 2011 international dollars. The economic history of France involves major events and trends, including the elaboration and extension of the seigneurial economic system (including the enserfment of peasants) in the medieval Kingdom of France, the development of the French colonial empire in the early modern ...
Global share of wealth by wealth group, Credit Suisse, 2021 Share of income of the top 1% for selected developed countries, 1975 to 2015. Economic inequality is an umbrella term for three concepts: income inequality, how the total sum of money paid to people is distributed among them; wealth inequality, how the total sum of wealth owned by people is distributed among the owners; and ...