Module 9 Consumer education - APCEIU

Many Poor People Live in the Most Affluent of Societies
Despite high consumption, poverty and deprivation are found in all countries of the
North - and in some the number is growing. Indeed, between 7% and 17% of the
population in these countries are poor.
These levels have little to do with the average income of the country. For
example, Sweden is ranked only thirteenth in average income but has the least
poverty (7%), while the United States has the highest average income in the
North but has the highest percentage of people living in poverty.
Thus, under-consumption and poverty are not just the experience of poor people in
the South.