A-level Paper 2, June 2019The National and Global Economy

A-level Paper 2, June 2019, Q5(b)

Explain one likely reason why global wealth inequality has increased.

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Context

According to the charity Oxfam, the combined wealth of the 62 richest people in the world is the same as the wealth of the poorest half of the world’s population. The value of the combined wealth of the poorest half of the world’s population has fallen by 38% between 2010 and 2016.

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