WHAT IS the distribution of wealth in Guyana?

Answer 1

The distribution of wealth in Guyana is marked by significant inequality, with a small percentage of the population controlling a large portion of the nation's wealth. The country's economy, heavily reliant on Natural Resources like oil and mining, has led to disparities in income and access to opportunities. While the extraction sector has generated substantial revenues, many citizens still experience poverty and lack basic services. Efforts to address this inequality are ongoing, particularly in the context of the recent oil boom.