Examine the graph, which shows an estimate of the discrepancy between the wealth of the world 's poorest countries and that of the richest countries a How has the distribution of wealth changed from the 1800s to the present How would you explain this difference b Based on the trend evident in this ...

a The average income of the worlds richest countries has increased nearly 10x since the 1800s while ...

Examine the graph, which shows an estimate of the discrepancy between the wealth of the world's poorest

Question:

Examine the graph, which shows an estimate of the discrepancy between the wealth of the world's poorest countries and that of the richest countries.
a. How has the of wealth changed from the 1800s to the present? How would you explain this difference?
b. Based on the trend evident in this graph, predict what the graph might look like in 100 years.
c. Some economists think that our current path of economic growth is unsustainable. Do the data in this graph support or refute this idea? Explain your answer.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...