By Jason Clay
The Guardian – Last month, the planet’s population surpassed seven billion people. Not only are there more people on Earth today, but they have more income. Acccording to the World Bank, by 2050 global per capita income is expected to increase almost three times. While income in developed countries will increase by 1.6% per year, in developing countries it is expected to increase by 5.2%.
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Source and Photo: The Guardian, November 22nd, 2011
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