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Is global wealth distribution improving or worsening?

Both. Wealth inequality within many countries has increased, especially in advanced economies. However, inequality between nations has decreased. For example, middle classes in China, India, and parts of Africa have grown rapidly, narrowing the global wealth gap. Data from the World Inequality Database shows that while billionaires hold large shares of wealth, millions of families worldwide have moved into more secure financial positions. Media narratives often highlight inequality without acknowledging global convergence. Media literacy helps balance these perspectives, showing that humanity is wealthier overall, even as fairer distribution remains an important challenge.

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