1. Global Social Inequality Reveals the Cracks in our System
... and mass production, the gap between the rich and the poor has grown ever more wide. In the 1920's there is one rich person for every 3 poor people but now the ratio has alarmingly increased: 1 rich person for every 72 poor.[1] Yet global spending would make war and war-related expenses as the number one item in global spending. Consider the following statistics: • The world spends one ... trillion dollars. • Only 358 billionaires have a total income of 760 billion dollars which is equivalent to the total income of 2.5 billion people. • 20 percent of the world's richest people rec...
- Word Count: 544
- Approx Pages: 2
- Has Bibliography
- Grade Level: High School