VOICED : Angola's oil curse widens the wealth gap

VOICED : Angola's oil curse widens the wealth gap

Assessment

Interactive Video

Business

10th Grade - University

Hard

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The video discusses the severe water scarcity in Luanda, Angola, despite the country's wealth from oil production. It highlights the economic disparity, with a small elite benefiting from oil wealth while the majority live in poverty. The legacy of a 27-year civil war has left lasting impacts on infrastructure, exacerbating the wealth gap. The country's dependency on oil is a significant factor in this disparity, with most wealth concentrated among a few. Future economic growth is uncertain, with no guarantee that wealth will trickle down to the impoverished population.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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