The Term Top of the Pyramid Refers to the More

question 92

True/False

The term top of the pyramid refers to the more than four billion people who earn the least, as defined by per capita income.

---

Definitions:

Creditors

Individuals or entities to whom money is owed by a debtor.

Unsecured Creditors

Unsecured Creditors are individuals or entities that have loaned money without taking collateral and thus stand last in line to be paid if the debtor defaults or files for bankruptcy.

Domestic-support Obligations

Financial commitments, such as alimony or child support, owed to a spouse, ex-spouse, or child usually as determined by court order.

Taxes

Mandatory financial contributions levied by governments on individuals and businesses to fund public expenditures.