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\nIncome and Wealth Inequality: Causes and Consequences\n

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\nThe video is a lesson on the topic of inequality in economics. The presenter explains the difference between income and wealth and how an unequal distribution of these can result in market failure. The video also touches on the impact of...\nThe video is a lesson on the topic of inequality in economics. The presenter explains the difference between income and wealth and how an unequal distribution of these can result in market failure. The video also touches on the impact of inequality on people's ability to consume goods and services, and how it may lead to misallocation of resources.\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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6:02
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Grade
12th - Higher Ed
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Subjects
Social Studies & History
3 more...
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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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2018
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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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\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Transcript\n
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\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" href=\"/subscription/new\">Video Preview\n
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Concepts

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economics, income, wealth, work
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Additional Tags

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a-level, lectures, micro, market, failure, 9.4b, inequality, market failure, 10th percentile, 90th percentile, labour force, low incomes, total stock, consume goods, income flows, stock, flows, purchase, provide, individuals, distribution, unable, unit, people, ability, circumstances, result, order, stockpile, year, move, leave, part
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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\nShow resource details\n
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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Income and Wealth Inequality: Causes and Consequences\" href=\"/subscription/new\">\"Income\n\n
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