Global wealth has been steadily on the increase. A lot of people however have stated that there is a growing wealth gap between the rich and the poor. This wealth gap can be due to the growing business sector. As businesses continuously grow the world is going to experience a surge in the wealth of business owning individuals. This means that as a business owner you have a higher chance of grasping this wealth than a person who is not involved in any business whatsoever. The eastern countries have been growing fast over the past years. This is due to the production of technology products and its growing service sector. Asian countries around the world have been able to remove a large chunk of their population from poverty and into the middle class through improved living standards. The fact of the matter is that there is going to be a large chunk of the population living in urban areas than rural areas around the world.
Urban global wealth
The living standards of urban areas have increased. This is due to the large amounts of educated people in this region. Urban areas are also a hub for business and technological innovation. Innovation in urban areas is very high due to the proximity of people to each other. This means that people are able to share ideas in urban areas with relative ease. Another advantage of urban areas is the availability of capital which can be used for wealth creation. This means that entrepreneurs have all the required tools for wealth creation at their disposal.
Online global wealth
With the advent of the internet there has been a growing trend of people creating wealth online. There is now a large amount of people who depend on the internet for their livelihood. This has led to a global surge in economies. There is a correlation between a country’s success and availability of strong internet connection.