Poverty Quiz!

By July 27, 2018 No Comments

Over the last 20 years, what has happened to the world poverty rate?

A: Increased by 22.4%

B: Stayed the same

C: Decreased by 50%

The answer is C, and that means that millions upon millions have left poverty around the world;  mostly in 3rd world countries.  Why?  Because countries have opened their doors (even if not fully) to markets.  No other mechanism has ever, ever come close to this accomplishment. Yay!!