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\nUnderstanding Inequality, Poverty, and their Implications\n

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\nThis is an economics lesson on the topics of inequality and poverty. The instructor discusses the political sensitivity of these terms and how they are used interchangeably, but emphasizes the importance of carefully weighing the impact...\nThis is an economics lesson on the topics of inequality and poverty. The instructor discusses the political sensitivity of these terms and how they are used interchangeably, but emphasizes the importance of carefully weighing the impact of policy changes on the level of poverty and inequality within a society. The lesson also covers measuring inequality through the Lorenz Curve and the Gini Coefficient, as well as the consequences and implications of poverty on individuals, society, and the economy.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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7:08
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Grade
12th - Higher Ed
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Subjects
Social Studies & History
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Media Type
Instructional Videos
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Source:
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\nKnowMo Economics\n\n
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Date
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2019
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Additional Materials

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Concepts

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economics, poverty, consequences, equality, income, governments, area, terms, society, wealth, economy, outcomes
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Additional Tags

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a-level, snapshots, summary, macro, slide, inequality, and, policy change, lorenz curve, perfect line, high levels, perfect equality, high, world, living, state, compare, talking, impact, people, level, distributed, idea, rest, policymakers
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Classroom Considerations

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Best For: Explaining a topic
Video is ad-free
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Educator Ratings

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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Understanding Inequality, Poverty, and their Implications\" href=\"/subscription/new\">\"Understanding\n\n
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