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!!