Uploaded on Jun 1, 2023
Start with an attention-grabbing statement or a relevant statistic to emphasize the magnitude of global economic inequality.
Global Economic Inequality: Causes and Consequences
Global Economic
Inequality: Causes and
Consequences
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Global Economic Inequality: Causes
and Consequences
• Start with an attention-grabbing statement
or a relevant statistic to emphasize the
magnitude of global economic inequality.
• Briefly define what economic inequality is
and its significance in today's world.
• State the purpose of the presentation: to
explore the causes of global economic
inequality and discuss its consequences.
https://www.desertcart.co.za
/
Global Economic Inequality: Causes
and Consequences
Causes of Global Economic
Inequality:
Historical
Factors:
Colonialism and Imperialism:
• Discuss how the historical exploitation of colonies
and the extraction of resources contributed to
wealth accumulation in the colonizing countries.
• Highlight the long-term impact of colonialism on
economic inequality, as many former colonies
continue to struggle with poverty and limited access
to resources.
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Global Economic Inequality: Causes
and Consequences
Unequal Distribution of Natural
Resources:
• Explain how the concentration of valuable natural resources in certain
regions has led to significant disparities in economic development.
• Discuss the concept of the "resource curse" and how it perpetuates
inequality in countries rich in natural resources.
Globalization and Technological
Advancements:
Unequal Access to Global Markets:
• Describe how globalization has increased economic inequality by
favoring developed countries and multinational corporations.
• Discuss trade agreements, intellectual property rights, and the
influence of international organizations on shaping global economic
rules.
https://www.desertcart.co.za
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Global Economic Inequality: Causes
and Consequences
Technological Advancements and
Automation:
• Explain how technological progress has created
winners and losers in the global economy.
• Discuss the impact of automation on job
displacement, particularly in low-skilled sectors,
widening the income gap.
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Global Economic Inequality: Causes
and Consequences
Political
Factors:
Corruption and Governance
• Highlight the role of corruption in exacerbating economic inequality by diverting resources away from
public services and infrastructure.
• Discuss the importance of transparent and accountable governance in addressing economic disparities.
Unequal Taxation Systems:
• Analyze how regressive tax policies and tax havens contribute to wealth
concentration.
• Discuss the need for progressive taxation and effective tax enforcement to
reduce economic inequality.
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/
Global Economic Inequality: Causes
and Consequences
Consequences of Global Economic
Inequality:
Social
Consequences:
Poverty and Lack of Basic
Needs:
Discuss how economic inequality traps individuals and communities in poverty, denying them access to basic
necessities such as education, healthcare, and clean water.
Social Mobility and
Opportunity Gap:
• Explain how economic inequality hinders social mobility and perpetuates intergenerational poverty.
• Discuss the implications of limited opportunities for education and upward mobility on societies as a
whole.
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Global Economic Inequality: Causes
and Consequences
Political Consequences:
Social Unrest and Political
Instability:
• Highlight the correlation between economic inequality and social unrest, as marginalized populations
become more likely to engage in protests and civil unrest.
• Discuss the potential for political instability and its impact on global stability.
Erosion of
Democracy:
• Analyze how economic inequality can undermine democratic institutions, leading to a
concentration of political power among the wealthy.
• Discuss the influence of money in politics and the potential consequences for democratic
governance.
https://www.desertcart.co.za
/
Global Economic Inequality: Causes
and Consequences
Desertcart South Africa
https://www.desertcart.co.za
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Global Economic Inequality: Causes
and Consequences
Economic Consequences:
Slower Economic Growth:
• Explain how high levels of economic inequality can hinder
economic growth by limiting investment, innovation, and
human capital development.
• Discuss the concept of the "middle-income trap" and how
inequality can perpetuate this cycle.
Market Instability and Financial
Crises:
Explore the link between economic inequality, financial instability,
and the likelihood of economic crises.
Discuss the potential consequences for global markets and the need
for effective regulation and oversight. https://www.desertcart.co.za
/
Global Economic Inequality: Causes
and Consequences
Conclusion
Summarize the key points discussed in the presentation.
Emphasize the need for collective action at the global level to address economic
inequality.
Conclude with a call to action, urging individuals, governments, and
international organizations to work towards creating a more equitable global
economy.
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/
Thanks!
DO YOU HAVE ANY QUESTIONS?
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