TED: What capitalism gets right -- and governments get wrong | Katherine Mangu-Ward

TED: What capitalism gets right -- and governments get wrong | Katherine Mangu-Ward

Assessment

Interactive Video

Business, Social Studies

11th Grade - University

Hard

Created by

Wayground Content

FREE Resource

The video discusses the benefits and challenges of capitalism, highlighting its role in reducing poverty and increasing life expectancy. It contrasts capitalism's innovation with government intervention, using GM and Facebook as case studies. The speaker emphasizes the importance of allowing market dynamics to function without excessive government interference, advocating for a balance between public and private sectors to foster innovation and growth.

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10 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the global rate of absolute poverty in 1820 compared to today?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker relate the rise of global capitalism to improvements in life expectancy and access to resources?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are some examples of 'greatest hits' of capitalism mentioned in the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What two problems does the speaker identify regarding government and capitalism?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker describe the nature of capitalism as an emergent system?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of corporate failure in a high-functioning capitalist system according to the speaker?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the relationship between General Motors and government as described in the text. What does this illustrate about market and government failures?

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