The poorest 20 percent of the world's population earns about what share of the world's income?

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BlackTom AI · Accepted Answer

The question asks: 'The poorest 20 percent of the world's population earns about what share of the world's income?'

First, observe that the provided data includes an answer field with '2 percent' as the correct option, but the answer_options field is empty, so there are no alternative choices listed to compare.

Because no options are shown, we cannot perform a comparative analysis of each choice. In a typical multiple-choice setup, we would evaluate each option for plausibility, common misconceptions, and consistency with well-known data.

Despite the missing options, we can reason about the factual claim itself. In global income distribution studies, it is commonly reported that the bottom quintile (the poorest 20%) earns roughly a small fraction of global income, often around 2% to 3%, though exact numbers can vary by year and methodology. The core idea is that global income is highly concentrated among the top portions of the distribution, leaving a small share for the bottom 20%.

If we had the options, we would check each one against this general understanding:
- An option near 2% would be consistent with widely cited estimates for the bottom 20%.
- Options significantly larger (e.g., 10% or more) would conflict with the standard distribution pattern, signaling a common misconception about evenly distributed or less unequal income.
- Extremely small numbers (e.g., 0.5%) would be less plausible given typical measurements,
  though some years or definitions could produce slightly smaller or larger values.

Since the answer options are missing, we cannot justify or invalidate any specific choice beyond noting that, in most standard assessments, the bottom 20% holds about 2% of world income, aligning with the provided answer of '2 percent.'

In summary, the question as presented lacks its answer choices, which prevents a full option-by-option analysis. The factual reference point suggests that the poorest 20% typically command around 2% of global income, making '2 percent' a plausible estimate within common global-income distribution findings.

SOC 225-001 Quiz 16

The poorest 20 percent of the world's population earns about what share of the world's income?

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SOC 225-001 Quiz 16

The poorest 20 percent of the world's population earns about what share of the world's income?

View Explanation

Log in for full answers

Similar Questions

Economists consider the effects of free trade on income distribution to be ________ important than the effects on overall welfare because ________.

From 1980s to 2010s, which income group in China experienced the fastest real income growth, according to data presented in Topic 4: Income Distribution in China?

The functional distribution of income measures which of the following?

More Practical Tools for Students Powered by AI Study Helper

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Economists consider the effects of free trade on income distribution to be important than the effects on overall welfare because .