kuznets Synonyms
No Synonyms and anytonyms found
kuznets Meaning
kuznets (n)
United States economist (born in Russia) who developed a method for using a country's gross national product to estimate its economic growth (1901-1985)
kuznets Sentence Examples
- In the Kuznets curve, the inequality of income distribution first increases and then decreases as per capita income increases.
- Simon Kuznets was a Russian-born American economist who won the Nobel Prize in Economics in 1971 for his empirical work on economic growth.
- Kuznets' research on income inequality showed that inequality tends to increase during the early stages of economic growth and then decline as an economy matures.
- The Kuznets curve is a graphical representation of the relationship between income inequality and economic growth.
- Kuznets was also a pioneer in national income accounting and developed the Kuznets equation, which is used to calculate the gross domestic product (GDP).
- The Kuznets curve has been used to explain why income inequality has increased in many countries in recent decades.
- Critics of the Kuznets curve argue that it is not a universal phenomenon and that inequality may continue to increase even in advanced economies.
- Kuznets was a prolific writer and published over 20 books and 100 articles during his career.
- Kuznets was a Fellow of the American Academy of Arts and Sciences and a member of the National Academy of Sciences.
- Kuznets died in 1985 at the age of 84.
FAQs About the word kuznets
United States economist (born in Russia) who developed a method for using a country's gross national product to estimate its economic growth (1901-1985)
No synonyms found.
No antonyms found.
In the Kuznets curve, the inequality of income distribution first increases and then decreases as per capita income increases.
Simon Kuznets was a Russian-born American economist who won the Nobel Prize in Economics in 1971 for his empirical work on economic growth.
Kuznets' research on income inequality showed that inequality tends to increase during the early stages of economic growth and then decline as an economy matures.
The Kuznets curve is a graphical representation of the relationship between income inequality and economic growth.
