7.6 Flashcards
1
Q
Who are the global middle class
A
Anyone with annual income of more than $10,000
2
Q
Rise in middle class
A
Increase in average incomes and fall in levels of absolute poverty, in particular during last decade, suggest increasing proportion of world’s population in neither rich nor poor by national standard but finds itself in middle of income distribution
3
Q
Rise in middle class example
A
Increase from 1.8bill in 2009 to 3.2 in 2020
4
Q
Effect of rise in middle class
A
Historically,have accumulated capital in physical and human
5
Q
Environmental problems associated with growing middle classes
A
Water
Food
Energy
