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Name:. The Distribution of Wealth. Imagine that the total population of a country is divided into five empty buckets with 20% of the population in each – they are allocated according to their wealth How much wealth (as a %) do you think is concentrated in each of those buckets?. Poorest 20%.
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Name: The Distribution of Wealth Imagine that the total population of a country is divided into five empty buckets with 20% of the population in each – they are allocated according to their wealth How much wealth (as a %) do you think is concentrated in each of those buckets? Poorest 20% Second 20% Third 20% Fourth 20% Richest 20%
Name: The Distribution of Income Imagine that the total population of a country is divided into five empty buckets with 20% of the population in each – they are allocated according to their income How much income (as a %) do you think is concentrated in each of those buckets? Poorest 20% Second 20% Third 20% Fourth 20% Richest 20%
Background on wealth in the UK • In 2008/10, aggregate total wealth (including private pension wealth but excluding state pension wealth) of all private households in Great Britain was £10.3 trillion • The wealthiest 10 per cent of households were 4.3 times wealthier than the bottom 50 per cent of households combined • The wealthiest 20 per cent of households owned 62 per cent of total aggregate household wealth • Private pension wealth makes the largest contribution to total wealth for the wealthiest 30 per cent of households