This corresponds to a cutoff value of 36 points or more. One of the constant issues in debates about economic growth is the role of income inequality. Here, we can extend the debate to technological inequality, which is becoming increasingly important as economies attempt to move from the agrarian, past the industrial, to the information age. If such inequality arose solely from personal preferences and choices about education, work and savings, this would not be such a problem. Inequality is cause for concern to macroeconomists because of the connection between economic growth and equity.
Gross inequality can weaken the pace of economic growth for many reasons.
Third, economic growth depends on internal consumer demand. So long as the majority of the population is living below the poverty line, the size of the economy is limited this way. If we regard the technology scores as representations of assets of technology, we can speak of the amount of assets owned by this technology elite. This level of concentration is less than those that exist for income distributions in some Latin American countries. We will deal with the detailed characteristics of the technology elite in the other sections listed below.