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In History / High School | 2014-05-27

What percentage of the wealth is controlled by the wealthiest 20 percent of the population?

Asked by ingridmonge07

Answer (3)

roughly the other 80 percent of the general population.

Answered by AL2006 | 2024-06-10

The wealthiest 20 percent of the population controls more than 80 percent of the nation's wealth, highlighting significant economic inequality. This small demographic holds a disproportionately large share of assets, influencing various socio-economic aspects. ;

Answered by singhavinash2556 | 2024-06-24

The wealthiest 20% of the population controls about 80% to 90% of the overall wealth in various countries, illustrated by statistics showing that the top earners hold a significant majority of financial assets. This disparity is a crucial aspect of socioeconomic studies, highlighting the need for policies to address wealth inequality. The data consistently reveals that this group dominates wealth distribution, underlining the pivotal economic divide in society.
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Answered by AL2006 | 2024-12-19