Wealth is heavily concentrated in Latin America, as the vast majority of people are poor while only a few are immensely rich.
The Spanish colonized Latin America primarily for economic reasons, including seeking new sources of wealth like gold and silver, acquiring land for agriculture and natural resources, and establishing trade routes. They also sought to spread Christianity and convert indigenous populations to Catholicism.
The three continents with the highest total wealth are Asia, North America, and Europe. Asia has the most billionaires, North America has a large concentration of wealth in the United States, and Europe is home to many wealthy countries like Germany and Switzerland.
Spanish explorers hoped to find wealth, such as gold and other valuable resources, in North America. They also sought to establish new trade routes and expand the Spanish Empire's territory. Additionally, they were driven by religious motivations to spread Christianity among the indigenous populations.
Explorers came to the New World in search of wealth and resources, to spread Christianity, and to expand their empires and territories.
North America is often considered the second richest continent in terms of wealth and economic development, with countries like the United States and Canada being major contributors to its wealth.
concentrated
Wealth in Europe is more concentrated, as wealth in all capitalistic countries are (European countries are mainly capitalist).
It is less concentrated than in the USA, but more concentrated than in Europe.
Wealth in Europe is more concentrated, as wealth in all capitalistic countries are (European countries are mainly capitalist).
anyone know? yes the answer is wealth should be spread evenly over all
Wealth in Australia is concentrated, with a significant portion held by a small percentage of the population. The top 20% of households own over 60% of the nation's wealth, while the bottom 20% hold less than 1%. Although there are measures in place to promote economic equality, disparities in income and wealth distribution persist, particularly in terms of property ownership and investment. Overall, this concentration of wealth contributes to ongoing discussions about economic inequality and social equity in the country.
Wealth in China is largely concentrated, with a significant disparity between the rich and poor. The country's rapid economic growth has led to the emergence of a substantial wealthy elite, particularly in urban areas, while many rural populations continue to face poverty. Despite government efforts to promote inclusive growth and reduce inequality, the gap remains pronounced, highlighting the challenges of achieving more equitable wealth distribution.
To answer this you have to be a socialist.
religious freedom and wealth
Compititions between nations influenced the voyage aswell as desire of wealth and spread of Chritianity.
Roughly speaking due to Guanxi, it is actually concentrated in the hands of "a relatively few" individuals.
Compititions between nations influenced the voyage aswell as desire of wealth and spread of Chritianity.