23.5k views
4 votes
Approximately what percent of the world's income is received by the poorest one-fifth of the world's population?

a. 5.
b. 7.
c. 10.
d. 2.

User Gavello
by
7.9k points

1 Answer

7 votes

Final answer:

The poorest one-fifth of the world's population receives less than 1% of global income, which implies the correct answer is d. 2%. This highlights the extreme income inequality present in the global economy.

Step-by-step explanation:

Approximately what percent of the world's income is received by the poorest one-fifth of the world's population? Based on the information provided, low-income countries represent less than 1% of global income while constituting 8.6% of the global population. Therefore, the correct answer to the question is d. 2%.

Income inequality is a significant issue globally, with a vast disparity between the richest and poorest. High-income countries possess a large portion of the world's income as compared to low-income and some middle-income countries. It's also essential to note that half of the world population lives on less than $2.50 a day, drawing attention to the pressing issue of income equality.

User Jakub Kubrynski
by
8.1k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.