The distribution of wealth on Earth is such that the richest 1% are wealthier than the rest of the 99% combined so this is True.
How is income distributed?
The top 1% of the human population are so wealthier that they own more than the combined assets of the other 99%.
This was confirmed in 2016 by Oxfam, and the scary part is that this trend is set to continue.
Find out more on income distribution at https://brainly.com/question/4993794
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