1. The UAE is a country that has a great amount of oil wealth. The GDP per capita PPP is

Social Studies

1 answer:

svlad2 [7]3 years ago

6 0

Answer:

According to the CIA, the United Arab Emirates has a Gini Coefficient of 0.32, which is below the world average of 0.64. Thus, the United Arab Emirates has a higher income equality than that of the rest of the world, where the lower classes and the upper classes (saving cases of extreme wealth) do not have as much income difference.

Today, the country's GDP per capita PPP is almost 68,000 dollars per year, and the population has a high standard of living and large incomes, which makes poverty in the country almost non-existent. Now, some people do not earn more than 30,000 a year, being these members of the lower classes of society, who still can afford an acceptable quality of life.

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