This figure shows trends in inequality in Latin America from 1491 to 1929 based on estimates of the Gini coefficient, which is a measure of income distribution where 0 represents perfect equality and 100 represents perfect inequality. It depicts that inequality was high around 50-60 in the early colonial period of 1491-1540, declined to around 40-50 in the late colonial period of 1540-1820, and rose again to around 45-55 in the early national period of 1820-1929 as new nations were formed and economies transitioned.
This figure shows trends in inequality in Latin America from 1491 to 1929 based on estimates of the Gini coefficient, which is a measure of income distribution where 0 represents perfect equality and 100 represents perfect inequality. It depicts that inequality was high around 50-60 in the early colonial period of 1491-1540, declined to around 40-50 in the late colonial period of 1540-1820, and rose again to around 45-55 in the early national period of 1820-1929 as new nations were formed and economies transitioned.
This figure shows trends in inequality in Latin America from 1491 to 1929 based on estimates of the Gini coefficient, which is a measure of income distribution where 0 represents perfect equality and 100 represents perfect inequality. It depicts that inequality was high around 50-60 in the early colonial period of 1491-1540, declined to around 40-50 in the late colonial period of 1540-1820, and rose again to around 45-55 in the early national period of 1820-1929 as new nations were formed and economies transitioned.