Asked by Kashif Zaidi on Jun 12, 2024
Verified
How much more does the richest quintile of the world's population earn than the poorest quintile?
A) 20 times more
B) 40 times more
C) 60 times more
D) 80 times more
Richest Quintile
Refers to the top 20% of the population in terms of income or wealth.
Poorest Quintile
The segment of the population that falls into the bottom 20% in terms of income or wealth, often used in statistical analyses of economic inequality.
- Identify the factors contributing to global inequality and the distribution of environmental risks.
Verified Answer
EJ
Ethan JamesJun 15, 2024
Final Answer :
D
Explanation :
The richest quintile of the world's population earns about 80 times more than the poorest quintile. This stark disparity highlights the significant income inequality that exists globally.
Learning Objectives
- Identify the factors contributing to global inequality and the distribution of environmental risks.
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