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ki77a [65]
2 years ago
13

What share of the nations welath did the top 5 percents of workers own? What did the remaining 95 percent own?

History
1 answer:
romanna [79]2 years ago
5 0

As of 2007, the richest 1% held about 38% of all privately held wealth in the United States. while the bottom 90% held 73.2% of all debt. According to The New York Times, the richest 1 percent in the United States now own more wealth than the bottom 90 percent.Today, the top 1 percent of households own more wealth than the bottom 90 percent combined.

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(A) Gross Domestic Product (GDP) is your answer.

The GDP takes all the profit a country earns through export, and subtracts it from the imports that the country takes in (To see if there is a profit). It is then divided by the amount of people that lives inside the country, so that they can find the GDP per capita (How much each person is given if all the money is split evenly.) For example, the GDP per capita for the US is almost $60,000.

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