Saturday, January 24, 2015

INCOME INEQUALITY; EFFECTS AND SOLUTIONS


Income inequality, one of the most serious problems facing many economies around the world, was one of the major issues discussed at the World Economic Forum at Davos this year. It is said to impact the physical well being of individuals and cause all manner of social ills and economic problems all of which make it a priority for many countries. President Obama has been trying to raise taxes on the rich to help the struggling middle classes but is this the only solution? Do your research in the order suggested and write an essay in which you discuss the issue and suggest solutions.
Familiarize yourself with the issue:
·         “Income inequality” https://prezi.com/zxwmsaw0a00v/income-inequality/ 
Videos to watch and make notes on:
·         “How income inequality harms societies” http://www.ted.com/talks/richard_wilkinson
·         “The consequences of inequality and wealth distribution” https://www.youtube.com/watch?v=sUVk1mx6W4g
·         “Why occupy Wall ST? The real effects of income inequality” https://www.youtube.com/watch?v=-fX3SbHDTkk
Reading material to make notes on:
·         “About inequality: impacts” http://www.equalitytrust.org.uk/about-inequality/effects  You will need to click on the bar across the top of the website to cover all the areas
·         “Income inequality” http://www.bloombergview.com/quicktake/income-inequality
·         “Is income inequality harmful?” http://lanekenworthy.net/is-income-inequality-harmful/


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