Chrystia Freeland: The rise of the new global super-rich

Chrystia Freeland: The rise of the new global super-rich

Assessment

Interactive Video

Business, Social Studies

11th Grade - University

Hard

Created by

Quizizz Content

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The video discusses the rise of global income inequality, particularly affecting the top earners. It explores political and economic factors like crony capitalism, globalization, and technology that contribute to this trend. The video highlights the challenges of meritocratic plutocracy and its potential to evolve into cronyism and aristocracy. It also addresses the impact on the middle class and calls for significant social and political changes to ensure equitable benefits from economic transformations.

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10 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the share of income for the One Percent changed from the 1970s to today in the United States?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some of the key factors contributing to surging income inequality globally?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does globalization play in the rise of the super-rich according to the speaker?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the example of David Karp in the context of income inequality?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

Explain the concept of 'meritocratic plutocracy' and how it can transition into 'crony plutocracy'.

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the implications of the Great Gatsby Curve as mentioned in the text.

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential consequences of the hollowing out of the middle class in Western economies?

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