QUESTION IMAGE
Question
based on this graph, how much wealth did the top 20 percent of the population hold?
about 35 percent
about 55 percent
about 80 percent
about 90 percent
Step1: Identify top 20% groups
The top 20% consists of "Top 1%" and "Next 19%".
Step2: Estimate their wealth percentages
From the graph, "Top 1%" has ~35% (estimate) and "Next 19%" has ~55%? Wait, no—wait, the graph: Top 1% bar is ~35%? Wait, no, looking at the y-axis: Top 1% bar is between 30-40, maybe ~35%. Next 19% bar is between 50-60, maybe ~55? Wait, no, wait the question is top 20% (1% + 19%). So add their wealth. Wait, the options: about 90 percent? Wait, no, let's re-examine. Wait the graph: Top 1% bar is, say, ~35% (y-axis 30-40, so ~35), Next 19% bar is ~55%? No, wait the y-axis: 0,10,20,30,40,50,60. The Next 19% bar is above 50, maybe ~55? Then 35 + 55 = 90? Wait the options have "about 90 percent". Wait let's check the bars:
- Top 1%: bar height ~35% (between 30-40)
- Next 19%: bar height ~55% (between 50-60)
- Bottom 80%: ~10%
So top 20% (1% + 19%) is 35% + 55% = 90%? Wait the options: about 90 percent. So that's the answer.
Wait maybe my initial estimation was wrong. Let's see the y-axis:
- Top 1% bar: from 0 to ~35 (since 30-40, mid is 35)
- Next 19% bar: from 0 to ~55 (50-60, mid 55)
- Bottom 80%: ~10
So 35 + 55 = 90. So the top 20% (1% + 19%) holds about 90 percent of wealth.
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about 90 percent