Answer to Question 1
Global stratification refers to the unequal distribution of wealth, power,
and prestige on a global basis, resulting in people having vastly different
lifestyles and life chances both within and among the nations of the world.
The world is divided into unequal segments characterized by extreme
differences in wealth and poverty. High-income countries are nations
characterized by highly industrialized economies, technologically
advanced industrial, administrative, and service occupations; and
relatively high levels of national and per capita (per person) income. In
contrast, middle-income countries are nations with industrializing
economies, particularly in urban areas and moderate levels of national
and personal income. Low-income countries are primarily agrarian
nations with little industrialization and low levels of national and personal
income. Just as the differences between the richest and poorest people
in the world have increased, the gap in global income differences
between rich and poor countries has continued to widen over the past fifty
years. Social inequality, which may result from factors such as
discrimination based on race, ethnicity, gender, or religion, exacerbates
problems of economic inequality. Social inequality and economic
inequality are the main causes of the poverty of a nation; therefore, a
society must have greater social equality among its citizens as a
precondition for the entire country getting out of poverty.
Answer to Question 2
False
An Estimate of the Time of Global Peak Conventional Oil Production
Global Stratification: Income of the World's Nations
A mere one-half percent of Americans owns over a quarter of the entire nation’s wealth. Very few ...
As China has embraced its version of capitalism, wealth has grown, as has consumption. Luxury goods ...
Jan-Dec Global Mean Temperature Over Land and Ocean
Global dimming