Answer:
Most people did not earn more than $1,200 in a year
Step-by-step explanation:
From the graph that is presented we can only see information about the earning of the people. The graph only shows rough division into two groups, people that earned more than 1,200 dollars and people that earned less than 1,200 dollars.
The people that were earning less than 1,200 dollars are outnumbering the people that earned more than that by far. This leads to a conclusion that the wealth was very unevenly distributed among the population, with only small fraction of the population earning higher amount of money, while the majority was earning less.
We can not say were those amounts of money enough for having a good or bad life, as we do not have information about the expenses of the people.