Question

Which of the following is/are correct with reference to income inequality in the world?
1. Top 1% rich people in the world own 50% of the world's wealth.
2. The gap between the rich and poor countries is narrowing.

Select the correct answer:

• A. 1 only
• B. 2 only
• C. Both 1 and 2
• D. Neither 1 nor 2

Answer 1

The correct option is A 1 only

The gap between the rich and poor is gradually increasing in the world.