SOCIOL 103 Chapter Notes - Chapter n/a: Luxembourg Income Study, Royal Bank Of Canada, Boston Consulting Group
13 Nov 2017
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Document Summary
Tracking global inequality levels has a variety of statistical challenges for researchers. Western countries and european countries hold the world"s most millionaires. Only non-western nations with a significant amount of millionaires: Ultra high net worth individuals : the term for people who have more than million. These people hold a vastly disproportionate share of global wealth. Greater than the total goods and services most nations produce on an annual basis. Wealth disparity in the us is about more than twice as large as wealth gaps in other industrialized countries. The top 1% in the us hold about million in wealth. U. s. dominates the global population of high net worth individuals. High net worth individual : someone with at least million in assets. The middle class in the us has less than half of the wealth of middle classes in the rest of the countries of the world.
