The 'Kuznets Curve' hypothesizes an inverted-U shaped relationship between a country's per capita income and its level of environmental degradation, suggesting that pollution initially rises with growth but eventually falls as the economy matures.

Answer: False

The description provided actually defines the *Environmental* Kuznets Curve (EKC). The original, standard Kuznets Curve (proposed by Simon Kuznets in 1955) hypothesizes an inverted-U shaped relationship between per capita income and *income inequality*. It suggests that as an economy develops from agrarian to industrial, inequality first increases, but as it matures and welfare states emerge, inequality eventually decreases.