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\nPolicies to Influence Income and Wealth Distribution in an Economy\n

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\nThe video discusses policies that can be implemented to influence the distribution of income and wealth in an economy. It explores the two main techniques used to measure inequality, the interventions and the free-market approach. The...\nThe video discusses policies that can be implemented to influence the distribution of income and wealth in an economy. It explores the two main techniques used to measure inequality, the interventions and the free-market approach. The video highlights the various reasons for trying to tackle inequality and how it impacts individuals from the rich to the poor. It takes a closer look at the interventions approach which involves redistributing income, the rationale behind the policies, and how it impacts consumption growth.\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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10:33
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Grade
12th - Higher Ed
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Subjects
Social Studies & History
5 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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Concepts

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economics, income, consumption, incentives, society, wealth
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Additional Tags

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a-level, lectures, micro, distribution, of, 11.1c, policies, to, tackle, inequality, short run, long run, interventionist approach, redistributing income, damages incentives, view inequality, unequal society, benefits system, tackle inequality, system, people, individuals, benefits, reduce, richest, creates, intervention, grow, earn, important, back, start
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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: Policies to Influence Income and Wealth Distribution in an Economy\" href=\"/subscription/new\">\"Policies\n\n
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