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The system is organized so that the people living in upper layers (strata 5 and 6) pay more for services like electricity, water and sewage than the groups in the lower strata. [10] Critics of the system say that it impedes social mobility through stigmatization, while its proponents argue that it allows the poor to locate to areas where they ...
Bolivia was one of the poorest countries in South America, but between 2006 and 2014, GDP per capita doubled and the extreme poverty rate declined from 38 to 18%. [21] This represents a great improvement in comparison to the situation by 2005, diminishing poverty from 59.6% to 38.6% in a decade. [22]
The island has also made moves towards environmental and recycling programs. [15] Despite these problems, some residents of the island say they do not feel poor and can live within their means as they do not have big expenses. [15] The economy of the island is centered on fishing, as well as services such as cooking, cleaning, and tourism ...
Colombia's leftist government will spend $4.25 billion to buy some 1.5 million hectares (3.7 million acres) of land for poor farmers or displaced people, as part of a bid to increase agricultural ...
He is the first leader of a large country and the first of a fossil fuel-producing nation to do so. “For about 40 years now, we have been living from exporting that coal and that oil,” he says.
Landowners who make up 3% of Colombia's population own over 70% of arable land, while 57% of the poor farmers barely survive on 2.8% of the land. [4] The fact that Colombia is attempting to expand its market economy with cash crops for export to generate income, increasing the marginalization of farmers at a local level, makes inequality and ...
Image credits: Sea_Pop_772 Only 12% of the 3,000 respondents said they consider themselves wealthy and only 4 in 10 people who are objectively wealthy, with assets of more than $2 million, said ...
The economy of Colombia is the fourth largest in Latin America as measured by gross domestic product [19] and the third-largest economy in South America. [20] [21] Throughout most of the 20th century, Colombia was Latin America's 4th and 3rd largest economy when measured by nominal GDP, real GDP, GDP (PPP), and real GDP at chained PPPs.