What Happens When the Rich Become Too Rich?

What Happens When the Rich Become Too Rich?

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Quizizz Content

FREE Resource

The video discusses the concentration of wealth within the top 1% and its negative impact on society. It highlights the variations in income distribution across countries and the growing inequality since the late 1970s. The role of philanthropy is examined, noting its limitations in addressing systemic issues. Historical context is provided, comparing current trends to those of a century ago, and the potential for societal instability due to inequality is discussed.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What evidence suggests that wealth concentration within the top 1% is damaging to society?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the income distribution in the USA compare to that in the UK and the Netherlands?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of the Gini coefficient returning to 1990 levels in the UK?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways can philanthropy from the wealthy impact societal issues?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What historical context is important to understand the current wealth inequality?

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