It has been calculated that if the 400 richest people in the world were charged a 4 percent tax on their wealth,that tax would generate enough money to provide food,clean water,basic sanitation,and health care for 1.2 billion of the world's poorest people. What does this quote suggest about globalization and inequality?

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Gadiel D. Garcia · Accepted Answer

Final Answer : Answers will vary but should include a discussion of the accumulation of wealth by the few,leading to extreme wealth inequality in the world,most of it centred in the Global North.Students might also mention the lack of incentive for the Global North and the world's wealthy to address this inequality,as they are greatly benefiting from it.

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