Discussion: Growth, Inequality and Poverty
https://www.youtube.com/watch?v=ZYHtzcoX4so&feature=emb_title
10/3/2020 Topic: Discussion: Growth, Inequality and Poverty
https://clpccd.instructure.com/courses/21227/discussion_topics/382845 1/6
This is a graded discussion: 5 points possible
due Oct 4
Discussion: Growth, Inequality and Poverty 28 28
Inequality is rising worldwide. Average incomes of the richest
10% of the population are around 14 times that of the poorest
10% in the United States. This ratio can reach up to 27 to 1 in
Mexico and Chile. The gap between rich and poor is also
widening in China, India, and South Africa. It is clear the benefits
of economic growth do not trickle down to all. Technological
change is increasing demand for high-skilled workers to the
detriment of the low-skilled. More part-time work and greater
flexibility in labor markets to improve employment has pushed up
wage inequality. In advanced economies, the tax and benefits
system redistribute less than in the past; and in most developing
countries, social security remains a dream.
10/3/2020 Topic: Discussion: Growth, Inequality and Poverty
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Discussion Topic:
1. What can we do so that most people are not just a few benefit
from the wealth generated by economic growth?
2. How to redesign policies to boost growth and inclusiveness
and to ensure both fairness and efficiency?
Share your thoughts.
Watch the Video:
Growing inequality in the U.S.A.
10/3/2020 Topic: Discussion: Growth, Inequality and Poverty
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Watch the Video:
Market System, Growth and Inequality
Growing Inequality In The USAGrowing Inequality In The USA
10/3/2020 Topic: Discussion: Growth, Inequality and Poverty
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Watch the Video:
Income Growth and Inequality
As the Rich Get Richer, the Poor Get RicherAs the Rich Get Richer, the Poor Get Richer
10/3/2020 Topic: Discussion: Growth, Inequality and Poverty
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10/3/2020 Topic: Discussion: Growth, Inequality and Poverty
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Make your initial posting by 11:59 PM Pacific time on
Sunday, October 4. 100 word minimum
Respond to at least 2 classmates (with video or text). 50
word minimum. Responses may include describing your own
life experience or other real-world situation related to the post,
adding additional information from assigned content or outside
content, disagreeing respectfully by describing your own
interpretation, proposing a new idea, or asking a probing
question.
Income and Wealth Inequality: Crash Course Economics #17Income and Wealth Inequality: Crash Course Economics #17