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Why is there such disparity between rich and poor countries?

Why is there such disparity between rich and poor countries?

The main driver behind rising income gaps has been greater inequality in wages and salaries, as the high skilled have benefited more from technological progress than the low skilled.

Which country has the most power?

United States. #1 in Power Rankings. No Change in Rank from 2020.

  • China. #2 in Power Rankings. #3 out of 73 in 2020.
  • Russia. #3 in Power Rankings. #2 out of 73 in 2020.
  • Germany. #4 in Power Rankings.
  • United Kingdom. #5 in Power Rankings.
  • Japan. #6 in Power Rankings.
  • France. #7 in Power Rankings.
  • South Korea. #8 in Power Rankings.
  • Why are some countries wealthier than others?

    Economic factors – some countries have very high levels of debt . This means that they have to pay a lot of money in interest and repayments and there is very little left over for development projects. Natural resources – some countries have an abundance of raw materials such as oil or precious minerals.

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    How many countries in the world have a Christian majority?

    Christian-majority countries and territories According to a 2012 Pew Research Center study, of the then 232 countries and territories, 157 had Christian majorities. 126 countries had a Christian majority, while 71 countries had a Christian minority.

    Where is the largest Christian community in the world?

    There are also large Christian communities in other parts of the world, such as Indonesia, Central Asia, and the Middle East, where Christianity is the second-largest religion after Islam. The United States has the largest Christian population in the world, followed by Brazil and Mexico.

    Why is the United States richer than other countries?

    The U.S. remains richer than its peers. But why? A plausible list of explanations might include: A culture of entrepreneurship and a financial system that supports it, abundant energy, immigration, smaller and more decentralized government, long work… Each year, the United States produces more per person than most other advanced economies.

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    Which country has the most Christians 2021?

    Most Christian Countries 2021. In terms of how many Christians reside in a nation, the United States leads the pack with approximately 230 million. Brazil also has a high number of Christians – over 180 million, to be exact. Other nations that have a large number of Christians include: