Please note: This is a companion version & not the original book. Book Preview: #1 The 1 percent in America are typically referred to as the richest people in the country, and they do receive a large portion of the countryâs income. However, this ignores the fact that almost any member of an affluent country has a lot of power. #2 The worldâs income is shown here, with everyoneâs income ranked from the poorest to the richest. The space between 0 and 25 percent represents the poorest 25 percent of the worldâs population, and the space between 75 and 100 percent represents the richest 25 percent. #3 Those in the 1 percent earn more than $52,000 annually. If you earn at least $28,000, which is the typical income for working individuals in the United States, youâre in the richest 5 percent of the worldâs population. #4 There is one way in which the $1. 50-per-day figure cannot be fully converted into what $1. 50 could buy in the United States in 2014. In the United States, because there is no extreme poverty, there is no market for extremely cheap goods.
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Aug 20, 2022
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