The Purchasing Power of the Average Person in the World

question 73

Multiple Choice

The purchasing power of the average person in the world today is:

• A) more than 30 times as high as it was 200 years ago.
• B) more than 20 times as high as it was 300 years ago.
• C) is about the same as it has been during the last two centuries.
• D) has increased steadily over the last two centuries.

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Definitions:

Jotting Down

The act of quickly writing something down to remember or refer to later, often informally.

Clustering

A process in data analysis where a set of objects are grouped together so that objects in the same group are more similar to each other than to those in other groups.

Focused Freewriting

A writing strategy involving continuous, nonstop writing for a set period of time, concentrating on a specific topic or question.

Brainstorming

A technique for fostering collective creativity, where the aim is to resolve a particular issue by compiling ideas that spontaneously arise from the contributions of group participants.