If all the worlds wealth was divided by all the worlds families, what would be the average wealth per family ?

Question

If all the worlds wealth was divided by all the worlds families, what would be the average wealth per family ?

Answer 1

Really freaking poor.

On average.

Answer 2

You have heard of "The Paradox of Thrift", haven't you? Well, the same thing would apply here.

You must also realise that there is a great deal of debt in the world (you also must realise that the "creation of credit" is also operating).

But, apart from these, even if everyone ended up with $10 000 within a short time there would be many beggars in great debt with nothing to show for the $10 000 and others who were millionaires.

The old adage "Give a man a fish and he is fed for a day, teach him how to fish and he is fed for a lifetime" applies. As well as many other factors.

Answer 3

it would be the minimum wages