Social Studies 3201 Unit 3 7.0

Approximately how many millionaires were there in the world in 2021?

Which term refers to whether a person is likely to have the same socio-economic status as their parents,

What term ia used to describe the difference in earning whereby women consistently earn less than men?

Which of the following is NOT a cause of Regional/National Disparity?

Which term refers to the unequal distribution of income, wealth and opportunity between different groups of people?

Which sector of the economy has become the most important in terms of wealth generation to countries around the world.

While the general trend is downwards, for the first time in over twenty years, extreme poverty rates are said to have

What was the pay gap between women and men in Canada in 2020?

Which of the following statements about economic disparity is incorrect?

What level of income disparity does the United Nations consider to be in dangerous territory on the GINI index?

What qualifies someone to be an ultra high net worth individual?

What is economic indicator that takes the total value of goods and services produced and divides it by the population

What is the term for money and possessions accumulated by a person over the course of their lifetime?

What is the term for the combined systems and procedures in place in a country to help people satisfy needs and wants?

Which term is used to describe a country’s economy in terms of how much wealth is generated by each sector?

term used to describe parts of the economy that generate wealth through trade and provide employment for people?

What is the term for the money received or earned on a continuous basis as a result of work or investments ?

What percentage of the world’s population owns less than 10 000 in wealth?

Which term refers to the increase in the production of goods and services over a period of time?

Which term refers to differences in income that occur between groups in society?