Friday, November 11, 2022

(Upper Intermediate) Wealth Inequality in America



Before watching, answer two questions:

1. What is the ideal wealth distribution in a country? Should it be completely even? Or like the picture above?

2. What is the actual wealth distribution in the USA? Take a guess.

Watch clip:

Wealth Inequality in America

True or false?

1. The Harvard researcher asked people to say how they thought the USA's wealth was spent.
2. The Harvard researcher asked to say what they thought wealth distribution should be ideally.
3. Most people thought that wealth distribution in the USA was not equitable.
4. The actual distribution of wealth in the USA is more unfair than most Americans realise.
5. The top 1% of the USA has %50 of the country's wealth.
6. "Socialism" (everyone has equal wealth) means there is no "incentive" to drive progress.
7. The ideal wealth distribution gives people an "incentive"
8. The actual wealth distribution shows a healthy middle class.
9. The top 30% of people are better off in the actual system.
10.10% of the USA has 40% of the nation's wealth. 
11. 8% of the USA has 70% of the nation's wealth.
12. A CEO works 380 times harder than a janitor. 

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