Asked by Dennie Katuna on Jun 24, 2024
Verified
What ratio of people live on an income of $1.25 per day?
A) one in every nine people on the planet
B) one in every seven people on the planet
C) one in every five people on the planet
D) one in every three people on the planet
Income
Money received, especially on a regular basis, for work or through investments, vital for determining an individual's or household's economic status.
People
Human beings collectively, often referred to in the context of society, communities, or demographics.
Planet
A celestial body orbiting a star or stellar remnant that is massive enough to be rounded by its own gravity, not massive enough to cause thermonuclear fusion, and has cleared its neighboring region of planetesimals.
- Understand income inequality and poverty ratios as indicators of economic conditions globally.
Verified Answer
KW
Katrina WylieJun 29, 2024
Final Answer :
B
Explanation :
According to the World Bank, as of 2015, approximately 1.2 billion people, or one in every seven people on the planet, live on an income of $1.25 per day or less.
Learning Objectives
- Understand income inequality and poverty ratios as indicators of economic conditions globally.