Citi Says Racial Inequality Costs U.S. Economy $16 Trillion

Citi Says Racial Inequality Costs U.S. Economy $16 Trillion

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Wayground Content

FREE Resource

The video discusses the significant racial economic gaps in the U.S., highlighting a $16 trillion loss over 20 years due to disparities in wages, education, and housing. It explores personal challenges faced in professional environments, particularly in finance, and suggests strategies for closing these gaps, including corporate responsibility and equitable education. The video also addresses inequities in entrepreneurship, especially in tech and venture capital, and shares positive reactions from policymakers to a report on these issues.

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7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the estimated economic loss due to racial economic gaps in the US over the past 20 years?

$16 trillion

$20 trillion

$25 trillion

$10 trillion

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did the speaker avoid putting their photograph in the Citigroup email system?

Fear of being judged based on appearance

Lack of a professional photograph

Company policy against personal photos

Privacy concerns

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one suggested way corporations can help close economic gaps?

Hire more employees

Focus solely on profit maximization

Ensure diverse boards and equitable pay

Increase product prices

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the impact of not having access to housing in areas with great schools?

It affects career choices and long-term income

It has no impact

It guarantees job security

It leads to immediate wealth

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a common issue faced by black entrepreneurs when seeking loans?

Excessive loan amounts

Difficulty in loan approval

High interest rates

Easy approval process

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant challenge for people of color in venture capitalism?

Lack of interest in entrepreneurship

Too many competitors

Difficulty forming relationships with investors

Overabundance of funding opportunities

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How have policymakers reacted to the report on economic gaps?

They ignored it

They criticized it

They showed positive feedback and interest

They requested a revision