Thriving Megafirms Have Governments Worried

The video discusses the significant profits of the top 50 global firms, highlighting their impact on the global economy. It notes the rise of Chinese and tech companies within this group over the past 30 years. Mega firms are changing economic dynamics by hiring fewer workers and investing in cloud capacity rather than physical factories. They also benefit from lower tax rates. Regulatory efforts by the US and China aim to control these firms, and historical trends show frequent changes in the top 50 companies.

What percentage of global GDP did the top 50 companies' profits represent last year?

• 2%

• 1.5%

• 1%

• 0.5%

How many Chinese firms are now part of the top 50 companies?

• 5

• 8

• 10

• 12

What is a significant change in how mega firms are investing?

• Increasing borrowing

• Adding capacity in the cloud

• Hiring more workers

• Building more factories

What has been the trend in the median tax rate for the world's largest companies since 1990?

• Remained at 17%

• Remained at 35%

• Decreased from 35% to 17%

• Increased from 17% to 35%

What historical trend is observed in the top 50 companies every decade?

• No changes occur

• Half of the companies are new

• All companies remain the same

• Only tech companies change