1. Increasing Productivity and Decreasing Global Income Disparity
The population of "the West," which includes Western Europe, North America, and Asian capitalist economies, such as Japan, Singapore, and South Korea, has remained flat since the latter half of the 20th century, with some populations, such as Japan's, experiencing a steady decrease. Meanwhile, the population of developing economies has continued to grow, especially in Africa and India. ... In 1800, the share of the world's population living in urban areas was only 3%; this number had increased to 30% in 1950. ... Most of this population shift has been occurring in the globa...
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