Answer to Question 1
The World Bank states that high-income economies have a GNI per
capita of more than 12,196 in 2009 . According to the World Bank,
people in high-income economies typically have a higher standard of
living and continue to dominant the world economy, despite the fact that
some workers found themselves without work due to capital flight
movement of jobs and economic resources from one nation to another
and deindustrialization closing plants and factories because of their
obsolescence or that workers from other nations are being hired to do the
work more cheaply.
Answer to Question 2
False