In 2017,eight Billionaires Possessed the Same Wealth as 50% of the World's

question 61

True/False

In 2017,eight billionaires possessed the same wealth as 50% of the world's population.

---

Definitions:

Retirement

The act of leaving one's job and ceasing to work, typically upon reaching a certain age or due to health reasons.

Cost Minimization

A strategy aiming to reduce expenses as much as possible while maintaining desired levels of production, quality, and service.

Product Life Cycle

The stages through which a product goes, from its inception and introduction to the market, through growth and maturity, and eventually to decline.

Adolescence

A developmental stage between childhood and adulthood characterized by physical, psychological, and social changes.