Nearpod version available

Grade 9-12
,
Lesson

Distribution of Income

Time: 90 mins,
Updated: March 25 2021,
Author: Beth RempeGrant Black

Objective

Students will be able to:

  • Explain why more productive workers usually earn more income.
  • Identify at least one government policy that might influence the distribution of income.
  • Analyze the impact of a government intervention in a market on the distribution of income.
  • Compare measures of central tendency to analyze the distribution of income.
  • Construct a Lorenz curve using an online interactive.
  • Calculate the Gini coefficient to analyze income inequality.

In this personal finance lesson, students will learn how productivity and government policy influences the distribution of income.

Procedure

Click NEARPOD VERSION: DISTRIBUTION OF INCOME PART 1 and NEARPOD VERSION: DISTRIBUTION OF INCOME PART 2 to access an interactive version of the lesson powered by Nearpod: students interact and respond to questions on their device, and teachers will see their responses in real time!