A 2006 Study Conducted by the World Institute for Development

question 51

Multiple Choice

A 2006 study conducted by the World Institute for Development Economics Research of the United Nations University found that the richest 1 percent of adults in the world owned __________ of global assets in the year 2000,yet the bottom half of the world adult population owned barely __________.

• A)40 percent; 20 percent
• B)70 percent; 1 percent
• C)10 percent; 10 percent
• D)50 percent; 50 percent
• E)40 percent; 1 percent

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Definitions:

Thomas Theorem

The sociological theory that situations defined as real are real in their consequences, emphasizing the importance of perception in social dynamics.

Self-Fulfilling Prophecy

A prediction that directly or indirectly causes itself to become true due to positive feedback between belief and behavior.

Social Class Bias

The tendency to make judgments or assumptions about individuals based on their social class or socioeconomic status.

Secondary Socialization

The process of learning appropriate behavior within smaller sections of the larger society, typically occurring during later childhood and adulthood, often through institutions like schools and workplaces.