Looking at the global wealth pyramid presented below, one discovers interesting indicators of the distribution of wealth worldwide. From the following, please identify the correct two as well as the...


Looking at the global wealth pyramid presented below, one discovers interesting indicators of the distribution of wealth worldwide.


From the following, please identify the correct two as well as the two incorrect statements.



Statement :About 1.7 billion people – just over 35% of the global adult population – have wealth of less than $10,000.







Statement 2: 1 billion– a fifth of the world’s population – are in the $10,000-$100,000 range.







Statement 3: Approximately 383 million adults – 8% of the population – has wealth of more than $100,000.







Statement 4: 3.4 million adults— 1% of the world population—are technically millionaires


The global wealth pyramid<br>34 m<br>(0.7%)<br>> USD 1 milion<br>USD 112.9 trm (45.2%)<br>349 m<br>USD 100,000to 1 milion<br>USD 98.5 tm (39.4%)<br>(7.4%)<br>USD 10,000 to 100,000<br>1,003 m<br>(21.0%)<br>USD 313 trn (12.5%)<br>< USD 10,000<br>3,386 m<br>(71.0%)<br>USD 7.4 trm (3.0%)<br>Wealth<br>Total wealth<br>range<br>(percent of world)<br>Number of adults (percent of world population)<br>Source: James Davies, Rodrgo Lluberas and Anthony Shorocks, Credt Suisse Global Wealth Databook 2015<br>

Extracted text: The global wealth pyramid 34 m (0.7%) > USD 1 milion USD 112.9 trm (45.2%) 349 m USD 100,000to 1 milion USD 98.5 tm (39.4%) (7.4%) USD 10,000 to 100,000 1,003 m (21.0%) USD 313 trn (12.5%) < usd="" 10,000="" 3,386="" m="" (71.0%)="" usd="" 7.4="" trm="" (3.0%)="" wealth="" total="" wealth="" range="" (percent="" of="" world)="" number="" of="" adults="" (percent="" of="" world="" population)="" source:="" james="" davies,="" rodrgo="" lluberas="" and="" anthony="" shorocks,="" credt="" suisse="" global="" wealth="" databook="">

Jun 05, 2022
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