In the Context of the Income Pyramid, Which of the Following

question 14

Multiple Choice

In the context of the income pyramid, which of the following statements is true of the base of the pyramid?

• A) It is the richest socioeconomic group in the global economy.
• B) The average income of people in this group is just over $10 a day.
• C) It is the largest socioeconomic group in the global economy.
• D) The average income of people in this group is just over $20 a day.

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Definitions:

Fulfil Potential

Fulfilling potential refers to the process or achievement of reaching one's maximum capabilities and performance in various aspects of life, including personal, professional, and academic areas.

Abraham Maslow

Abraham Maslow was a psychologist known for creating Maslow's hierarchy of needs, a theory in psychology that prioritizes human needs from the most basic to higher levels of psychological development.

Sigmund Freud

A neurologist and the founder of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Dominant School

The leading or most influential theory, methodology, or practice within a particular field or discipline.