The Lorenz curve is used to portray the:

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The Lorenz curve is a graphical representation of the distribution of income or wealth within a population. It plots the cumulative percentage of total income earned against the cumulative percentage of the total population, ranking households from the poorest to the richest. A perfectly equal distribution of income would result in a straight diagonal line, whereas a more unequal distribution would result in a more curved line. The degree of curvature in the Lorenz curve indicates the extent of income inequality in a society. Therefore, the Lorenz curve is used to portray the degree of inequality in the distribution of income.

The Lorenz Curve Is Used to Portray The