End of the American Dream: Wealth Inequality Explained in 2-Minutes

The video discusses the shift from a balanced society where the middle class thrived to a situation where the rich evade taxes, manipulate politics, and widen the wealth gap. The media is used to control public perception, promoting the idea that wealth will trickle down. Currently, the top 1% owns a significant portion of wealth, while the middle class struggles. The video questions if the 99% can unite to reverse this trend.

What was the economic status of the majority of people in the past?

• Mostly rich

• Mostly poor

• Mostly unemployed

• Mostly middle class

How did the rich increase their wealth according to the video?

• By paying more taxes

• By evading taxes and exploiting cheap labor

• By investing in local businesses

• By donating to charity

What was one of the consequences of the rich moving factories overseas?

• Improvement in worker rights

• Loss of power for the American workforce

• Strengthening of the middle class

• Increase in local employment

What percentage of the country's wealth is owned by the top 1%?

• 60%

• 10%

• 25%

• 40%

What is the video suggesting as a potential solution to economic inequality?

• Uniting the 99% to reverse the cycle

• Reducing the number of jobs

• Supporting the top 1% more

• Increasing taxes for the poor