Question

Use the drop-down menus to complete the sentences.

Answer 1

According to the article, Americans make up about 5% of the world's population, but about  50% of the world's "top 1%."

This means that a majority of Americans are 1% in the of all earners in the world, which is defined as those earning more than $34,000 a year.

 The author states that this wealth is due to America's commitment to FREE Enterprises

Explanation:

1. According to the census for the year 2010 census America has a population of   308,745,538 .Thus ,the Americans make up only 5% of the worlds population

2. Even  though the Americans make up only 5% of the worlds population they make up about 50% of the "world's top 1%" .It indicates that 50% of the highest  earners in the world are American  citizens .

3.Also the article mentions that the classification of Top 1% is done on the basis of  those people  whose  earnings is  more than $34,000 .

4. This is attributed to the fact that in  United States' free enterprise are encouraged . Free enterprise is also know as   a free market, and US IMPOSES   few restrictions on them.