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The top 20% of Americans owned 86% of the country's wealth and the bottom 80% of the population owned 14%. In 2011, financial inequality was greater than inequality in total wealth, with the top 1% of the population owning 43%, the next 19% of Americans owning 50%, and the bottom 80% owning 7%. [ 15]
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The economy of Papua New Guinea (PNG) is largely underdeveloped with the vast majority of the population living below the poverty line. [ 18] However, according to the Asian Development Bank its GDP is expected to grow 3.4% in 2022 and 4.6% in 2023. [ 19] It is dominated by the agricultural, forestry, and fishing sector and the minerals and ...
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Share of the American Express Company, 1865. In 1850, American Express was started as a freight forwarding company in Buffalo, New York. [13] It was founded as a joint-stock corporation by the merger of the cash-in-transit companies owned by Henry Wells (Wells & Company), William G. Fargo (Livingston, Fargo & Company), and John Warren Butterfield (Wells, Butterfield & Company, the successor ...
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