4 ms·
Except income is no longer bimodal. It was back in the 70s, but now there's just a single peak. See: https://ourworldindata.org/uploads/2013/12/Global-inequali
by mrob 8y ago
Except income is no longer bimodal. It was back in the 70s, but now there's just a single peak. See:
https://ourworldindata.org/uploads/2013/12/Global-inequality-in-1800-1975-and-2015.png https://ourworldindata.org/uploads/2013/12/Global-inequality...
However, growth in income is bimodal:
https://commons.wikimedia.org/wiki/File:Global_changes_in_real_income_by_income_percentile_-_v1.png https://commons.wikimedia.org/wiki/File:Global_changes_in_re...
Could that affect the phone market indirectly, by consumer confidence? It's possible, but it's not nearly as clear-cut as human height.
- coldtea 8y agoAlso account for wealth (we don't make the distinction between income and wealth much in my here parts).