Half of all the worlds wealth is now held by 2 per cent of the worlds population. There are estimated to be 500 dollar billion- aires and over half a billion dollar millionaires. At the other end of the spectrum, the poorest half of the worlds adult population cannot lay claim to even 1 per cent of global wealth. Per capita wealth was lowest in the Republic of Congo and estimated at $180 per person. Such inequality means that, for example, whole populations can never realistically aspire to own the land they work or the modest home in which they have lived for genera- tions. Collectively, the citizens of North America, Europe and a few Asia Pacific countries hold 90 per cent of global wealth. But even within these wealth zones there is inequality. The United States came top as the most unequal nation, while Japan and China had some of the lowest levels of inequality.
Question: Such inequity between the rich and poor creates enormous tension.
Options:
A. true, B. false, C. uncertain
Answer: C