Davos 2017: Day Two at the World Economic Forum

The video discusses the fear of populism and its extremes, the shrinking middle class in the US due to wealth inequality, and the impact of globalization on jobs and social equality. It highlights concerns about protectionism and its potential harm to global interests. The video suggests unionization as a way to give workers more control in the face of globalization, and questions the effectiveness of tax cuts in addressing inequality.

What is one of the main reasons for the shrinking middle class in the United States?

• Rise in education costs

• Decrease in population

• Wealth accumulation at the top

• Increased taxation

What was the impact of the president-elect's actions on the Mexican peso?

• It increased by 10%

• It increased by 15%

• It remained stable

• It declined by 15%

According to the European Commission, what is the effect of protectionism?

• It benefits local industries

• It harms global interests

• It reduces unemployment

• It strengthens international relations

What is suggested as a way to help workers in the United States gain more control?

• Encouraging unionization

• Increasing minimum wage

• Providing more training programs

• Reducing working hours

What challenge is mentioned in relation to addressing inequality through tax cuts?

• Understanding the tax cut's impact

• Gaining public support for the tax cut

• Balancing the budget with the tax cut

• Implementing the tax cut