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What if all the money in the world was divided equally?
If you liquidated all of the world’s productive assets and combined them with all the money in the global economy, you’d be looking at a huge pile of cash. Roughly $250 trillion US dollars. Well, take $250 trillion and divide it between the current world population of 7.7 billion, and everyone is worth about $32,500.
How is the worlds wealth divided?
half of the world’s net wealth belongs to the top 1\%, top 10\% of adults hold 85\%, while the bottom 90\% hold the remaining 15\% of the world’s total wealth, top 30\% of adults hold 97\% of the total wealth.
What is meant by distribution of wealth?
distribution of wealth and income, the way in which the wealth and income of a nation are divided among its population, or the way in which the wealth and income of the world are divided among nations. Wealth is an accumulated store of possessions and financial claims.
What would happen if all the riches of the world were equally?
Wealth only exists by comparison. One having more or less than another. If the world’s riches were equally portioned out, there would be no more “riches.” If the world’s poverty were divided equally amongst its population, how much would everyone lack? The answer in Aristophane’s ‘Plutos’ (Wealth).
How much money would you be worth if all wealth was distributed?
According to research done by Credit-Suisse, this number stands at ~$250 trillion today, which is distributed like this: Therefore, assuming the population of the world to be around 7.4 billion, if all the wealth were to be distributed equally, each one of us would be worth $34,000.
What would happen if the world’s poverty were divided equally?
If the world’s poverty were divided equally amongst its population, how much would everyone lack? The answer in Aristophane’s ‘Plutos’ (Wealth). When PLUTOS was helped to recover his eyesight so that he saw to enrich everyone, Force (Bia) and Need (Anange) were reduced to unemployment.
How much money would everyone in the world get equally distributed?
The world has a population of 7.6 billion. Assuming the worlds currencies all together are worth $65 trillion for 7.6 billion people, if equally distributed, everyone would get: $8552. That doesn’t sound too good. If you’re in a developing country, that might be ok, but if you’re in th US, you probably won’t make it.