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Is inequality inevitable?

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Economics Explained

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Income and wealth inequality are not new. In fact, economists and historians who have charted economic inequality throughout history haven’t found a single society without it. Which raises a bleak question: is inequality … inevitable? Explore how economic inequality can be measured and how it is impacted by different governmental policy choices.

In South Africa, the richest one-tenth of 1% own _____ percent of the country’s wealth.

Watch the video and finish the Think section to complete the lesson.

About Economics Explained

Economics has had a huge impact on the world we live in—and understanding the key factors at play in these massive, interconnected systems can give us insight into how to make them better, stabler, and more equitable. Dig into these quick and compelling explainers from TED-Ed and World Economic Forum for a taste of economics in action.

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  • Video created by TED-Ed
  • Lesson Plan created by TED Ed

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