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What Scandinavian country has oil wealth?
Norway is the Scandinavian country that has oil wealth, primarily due to its significant oil reserves in the North Sea. The country has managed its oil wealth through the Government Pension Fund Global, one of the world's largest sovereign wealth funds.
Is Egypt rich or poor?
As a country it is rich. The people are not. The extremes are reflected in the country's distribution of income: in 1996, the wealthiest 20 percent of Egyptians controlled 40 percent of the country's wealth, while the poorest 20 percent controlled only 9.8 percent of wealth. The rich are rich and remain rich. The majority of the population is poor compared to American standards.
What ethnic group in society controls most of the wealth and wealth and power?
minority group
Is California a rich country?
California is a state in the Us, not a country. However, if it were a country, it would have the world's eighth largest economy. The population is economically varied like the rest of the US, with the top 1% having 35% of the wealth.
The country that controlled the seas by the late 1500s was?
Spain was the country that controlled the seas by the late 1500s, thanks to its powerful navy and extensive overseas territories. This dominance was largely due to the success of Spanish explorers and conquests in the Americas, which brought significant wealth and resources back to Spain.
If you could shrink the world's population proportionally to 100 people half would be malnourished and half the wealth would be controlled by six people in what country?
If the world's population were represented by 100 people proportionally, half of them would be malnourished and half the wealth would be controlled by six people in the United States.
What country belongs to capitalism?
Capitalism is an economic system in which the means of producing wealth are privately owned and controlled. Great Britain is a Capitalist State, it does not get involved in the business of the civilians.
What is largest difference between developed and developing countries?
the level of wealth
Is Cindy McCain the CEO of Budweiser?
No, although she does have family connections and has acquired much of her wealth from Hensley & Co one of the country's largest beer wholesalers.
What is the relationship of a country's wealth and the life expectancy of its citizens?
If the life expectancy is high, then the wealth of the country will be high as well
What group of southerners measured there wealth partly by the number of enslaved people they controlled?
Plantation owners in the American South measured their wealth partly by the number of enslaved people they controlled. The more enslaved individuals a plantation owner owned, the more wealth and power they were typically perceived to have within their community.
What is largest difference developed and developing countries?
the level of wealth
