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Apr 10, 2014 · 8) Wealth is much more unequal than income. You hear a lot about income inequality, but as this chart makes clear wealth inequality is much more severe. In the United States, just 1 percent of the ...
- Matthew Yglesias
Jun 20, 2017 · The Mesopotamian shekel – the first known form of currency – emerged nearly 5,000 years ago. The earliest known mints date to 650 and 600 B.C. in Asia Minor, where the elites of Lydia and ...
- Chapurukha Kusimba
Apr 17, 2017 · The cut-off to the richest 10% of the world in 2013 was 14,500 int-$; the cut-off for the poorest 10% was 480 int-$. The ratio is 30.2. While global inequality is still very high, we live in a period of falling inequality. In 2003, this ratio was 37.6. The Gini coefficient has also fallen from 68.7 to 64.9.
- All Major Powers Compared by GDP from The Year 1 Ad
- A Major Caveat
- Our Interpretation
The Chart of the Weekis a weekly Visual Capitalist feature on Fridays. Long before the invention of modern day mapsor gunpowder, the planet’s major powers were already duking it out for economic and geopolitical supremacy. Today’s chart tells that story in the simplest terms possible. By showing the changing share of the global economy for each cou...
If you looked at the chart in any depth, you probably noticed a big problem with it. The time periods between data points aren’t equal – in fact, they are not close at all. The first gap on the x-axis is 1,000 years and the second is 500 years. Then, as we get closer to modernity, the chart uses mostly 10 year intervals. Changing the scale like thi...
Caveats aside, there are many stories that materialize from this simple chart. They include the colossal impact of the Industrial Revolution on the West, as well as the momentum behind the re-emergence of Asia. But there’s one other story that ties it all together: the exponential rate of human economic growth that occurred over the last century. F...
Sep 24, 2024 · All of the world's Bitcoin was worth $1.14 trillion as of Aug. 7, 2024. Keep in mind, though, that virtual currencies like Bitcoin have no physical coinage because they are traded on exchanges ...
Oct 26, 1996 · The first known paper banknotes appeared in China. In all, China experienced over 500 years of early paper money, spanning from the ninth through the fifteenth century. Over this period, paper ...
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Aug 5, 2021 · Today’s infographic, created all the way back in 1931 by a man named John B. Sparks, maps the ebb and flow of global power going all the way back to 2,000 B.C. on one coherent timeline. View a high resolution version of this graphic. Histomap, published by Rand McNally in 1931, is an ambitious attempt at fitting a mountain of historical ...
