According to the World Inequality Database, the richest 1% of the global adult population now controls over 45% of total wealth, while the bottom half of the population collectively owns less than 2%. This share held by the bottom half has steadily declined over the past decade as wealth becomes more concentrated at the very top.
Explain one likely reason why global wealth inequality has increased.
16 exam-style questions on Edexcel A A Level Economics 4.2.2 Inequality. Each one has a worked solution and a mark scheme showing where the marks go.