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Industrialization is a hell of a drug. During the same period apparently the wealth gap shot up, so chinas got that to contend with. Best of luck to them.
The $2 per day is a figure used by the World Bank. According to this page:
I don’t know the exact details of the World Bank’s methodology, but I believe the $2 figure is adjusted based on purchasing power.
That sent me down a cool rabbit hole, thanks!
Industrialization is a hell of a drug. During the same period apparently the wealth gap shot up, so chinas got that to contend with. Best of luck to them.