According to the textbook,high-income countries comprise about 18 percent of the world's population; however,they lay claim to over __________ of the world's annual output.

Question

Quizplus · Accepted Answer

High-income countries (such as the United States, Japan, and Western Europe) make up about 18 percent of the world's population but account for over 65 percent of the world's annual output. This means that they have a disproportionately large share of the world's wealth and resources.

According to the Textbook,high-Income Countries Comprise About 18 Percent of the World's