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Simple question, how much? I am not interested in your political views and dont want a lecture on economics, communism socialism democracy or any other opinions. the question is how much? Someone else put it down as 3 million

2006-11-19 16:53:51 · 8 answers · asked by ByeBuyamericanPi 4 in Social Science Economics

Australias wealth was calculated recently, and everyones worth was calculated at 30,000 or 300,000 or something I cant remember, so its not a big ask.

2006-11-19 17:27:49 · update #1

8 answers

Let's see... If wealth is Money + Assets - Liabilities, then we can roughly say that...

World trade is somewhere 30 trillion US dollar (30,000,000,000,000, after minus liabilities because liabilities can't be traded), assume that includes all the resources (houses, cars, etc), technologies, products and services (intangible assets) that can be considered wealth that improve our lives.

And world population is somewhere 6 billion (6,000,000,000)...

So equal wealth divided will be 30,000/6, about US$ 5,000 each person, from America to Africa.

2006-11-19 22:41:52 · answer #1 · answered by Anonymous · 0 0

Don't know the answer but will point out that it depends on how you define "the world's wealth". Do you include government- owned assets or just privately owned assets? (eg, would you include the value of all the National Parks and land owned by the US federal government?)

Do you include things that are not owned by any person or specific country, such as Antarctica, and all the minerals in the sea, or the fish in the ocean?

If you can figure that part out, the current world's population estimate is 6.558 billion.

2006-11-20 00:43:13 · answer #2 · answered by KevinStud99 6 · 0 0

You don't know as no one has any u idea of how many people there are,(people die and people are born every second ) or how much money there is. Mome currency is measured in food, livestock, some is measured in wives, children ect.
All currency goes up and down on the hour and can change rapidley.
What you are asking can not get even a decent guess.\
Tell us cold facts, for example say; there are 7.3 billion people on earth and the total currency is 89illion (i think that is after trillion, zillion and you could get an answer as to how much each perosn would get.
but figuring so many different currencies of which some are not in paper of money value would be inmposible

2006-11-19 17:04:16 · answer #3 · answered by Anonymous · 0 2

I think the amount would be so small it would be insignificant to give a number for it.

Since richer countries like the US has a large population and poorer countries like those in Africa also have large populations, the average would be something like 1/infinity if we divide total wealth by total population. This is taken in account that human reproduce faster than money.

2006-11-19 17:04:33 · answer #4 · answered by itsamistake 1 · 0 2

in case you took all the capital inventory present in the present day and divided it between the 7 billion people in the international, i think of you may see diverse iphones, and diverse undesirable residences/shantys. i think of that if this passed off and the expectancy exchange into that it may proceed, people could lose motivation and the international could provide up progressing.

2016-10-22 09:50:06 · answer #5 · answered by ? 4 · 0 0

world GDP per capita is about $10,000 and wealth is usually about 4 times GDP so I would guess $40,000

2006-11-19 18:12:38 · answer #6 · answered by meg 7 · 0 0

who cares?the important thing that it would accomplish is people could afford to eat and have a roof over their heads.which,people should be able to do with or without money anyway.the worse thing you europeans bought to our country is,,the end of self sufficiency.as your artist catlin said;"oh how i love a people that don't live for the love of money"

2006-11-19 17:10:28 · answer #7 · answered by jgmafb 5 · 0 2

I would say somewhere around 50 $ Us.

2006-11-19 18:09:14 · answer #8 · answered by b r 4 · 0 1

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