Income difference by region and consumer groups:

 

According to the Investopedia, Gini index is defined as “a measurement of the income distribution of a country's residents. This number, which ranges between 0 and 1 and is based on residents' net income, helps define the gap between the rich and the poor, with 0 representing perfect equality and 1 representing perfect inequality.”

 

On the chart below, you can see the GINI index for each department of Colombia where it doesn’t go up from 0.5 in any year, meaning that there is a perfect middle income; there is no inequality, but no equality either.
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Critical analysis:

 

The GINI Index affects the industry of education because it depends on how much income the region gets, and it means that if they get good income there is more chance for parents to put their children both in education and extracurricular activities. It is a good GINI index, because there isn’t a perfect inequality, but rather it is in the middle, and aiming to equality.

 

DANE (2013). Resultados Pobreza Monetaria y Desigualdad 2012, por Departamentos. Retrieved August 25, 2015, from https://www.dane.gov.co/files/investigaciones/condiciones_vida/pobreza/cp_pobreza_departamentos_2012.pdf

 

Investopedia. GINI Index. Retrieved August 26, 2015, from, http://www.investopedia.com/terms/g/gini-index.asp