What proportion of the world's annual wealth output is concentrated in high-income countries ?
Correct answer: D. 75%
- A. 15%
- B. 25%
- C. 50%
- D. 75%
Explanation
High-income countries concentrate roughly three-quarters of annual global wealth output, reflecting their control of advanced industries, finance and technology. The lower percentages underestimate this concentration.
Last updated
Practise Social Stratification
138 free Social Stratification MCQs from Sociology, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Sociology questions like this
Sociology is on this paper prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for it.
Related questions
A change in occupational position or role without involving any change in its position in the social hierarchy is called____________?
A person's overall position in society is called_______________?
A social stratum is_______________?
A split labor market ?
A stratum of people of similar positions in the social status continuum are termed as_____________?