The provided bar graph illustrates the breakdown of population and wealth of nations around the globe.
Overall,as can be seen,although North America has the lowest population size, it is the richest region in the world.Notabbly, wealth of the areas,such as North America, Europe,and Rich Asia-Pacefic is more than the population proportion.
In detail,5% of the world’s population is located in North America,however, approximately 35 % of global wealth belongs to North American region.Likewise,in Europe wealth of the region is over double that of population with 30% . Regarding Rich Asia-Pacefic,wealth of area followed closely by Europe with 25 %, however, one-twentieth of world population lives in this region.
In contrast,China has roughly a quarter of the world’s population , and its wealth is around 3% of global wealth.Meanwhile,in Other Asia Pacific and India, the population and wealth of these regions are relatively the same with around 15 %and fewer than 5% ,respectively. In terms of Africa ,it carries 10 % of all population and almost 3 % of global wealth.When it comes to Latin America and Caribean,both population and global wealth account for around 5 %.