kuznets curve
/ˈkʌznɛts kɝv/
Word Rarity
Very rare
Frequency: Zipf frequency 1.72 in modern English
30
Scrabble Score
12
Letters
2
Syllables
10
Unique Chars
Meaning
noun
A theoretical curve that graphs the hypothesis that as an economy develops, market forces first increase and then decrease economic inequality.
Example Sentences
- "On the surface, the Kuznets curve seems to justify laissez-faire economics and trickle-down policies."
- "Their creed is based on the Kuznets curve, the graph that appears to show that inequality automatically declines as capitalism advances, spreading wealth from the elite to the rest."