9/22/2023 0 Comments Social inequality pdfToday, societies and/or nations that are ranked low on economic aspects continue to face a number of social problems millions of the world’s poorest people live without access to clean water, electricity, adequate housing, education and healthcare. Growing levels of global economic inequality in the world has led to another form of inequality which is called social inequality. Disparities between developed and developing nations are enormous: the mean per capita income in developed nations is seven times more than it is in developed countries. The greatest source of this global inequality has been attributed to the huge gap among countries in levels of economic development. This implies that the world’s top richest 150 persons possess more than what 50 percent of the world’s poorest, which are approximately 3.3 billion people, have. The richest 10 percent own more than 85 percent of the world’s wealth while the poorest 50 percent own just about 1 percent of the global wealth.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |