Geography Reference
In-Depth Information
Figure 5.26 Territory size shows the proportion of all people living on PPP US$100-200 a day
worldwide that lives there (Worldmapper Map 157)
Text Box 5.24: Living on $100-200 a Day
In all regions except for North America, Western Europe and Japan, less than 2.1% of
the population live in households which live on US%100-200 purchasing power parity
(PPP) a day each. Within North America, Western Europe and Japan, 16-19% of the
population live on this amount.
In 75 territories less than one in 1000 people live on this much, despite using pur-
chasing power parity where a higher value is given to the currency in territories where
it is cheaper to live. As the measure of purchasing power parity takes into account the
cost of living in each territory, earning PPP US%150 in Ethiopia means that the same
goods and services could be bought as with US$150 in Germany.
Every man is rich or poor according to the degree in which he can afford to
enjoy the necessaries, conveniences, and amusements of human life
(Adam Smith, 1776)
5.2.24 Living on over $200 a day
This is a map of extremes. Figure 5.27 shows a tiny group of people making a huge amount
of money. Only one in 121 people in the world earns this much, that is just 53 million people
in total. These people live primarily in the United States. Other than this dominance by one
territory, the other change from the previous map to this one is that almost all territories
in Eurasia located East of Austria have marked decreases in size. Japan is included in this
trend - generally an affluent and economically successful territory, Japan has neither many
super rich, nor many extremely poor people. When incomes are pooled over households,
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