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Bridging the Income Gap Pg 252-255. I. Intro. Rich Rio Poor Rio This is called income gap. II. The Nature of the Problem. There are three angles of the income gap: moral, economic and political. Moral. Political. Economic. A. A Moral Issue.
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I. Intro • Rich Rio • Poor Rio • This is called income gap
II. The Nature of the Problem • There are three angles of the income gap: moral, economic and political. Moral Political Economic
A.A Moral Issue • “How can the few rich leave the rest poor?”
B. An Economic Dilemma Poor = No opportunity Poor = No education Leads to
C. A Political Problem • Nothing to lose = no fear of risks • That’s how rebellions start
III. Possible Solutions • Income gaps vary therefore solutions vary
A. Education, Politics and Economics • Education for all • Free market economy • Democracy
Question #1 • Who does the income gap affect? • A. Nobody • B. Only the poor • C. Only the rich • D. Everybody Transition Slide
Primary Source A • Graph: • wealthiest 20% = 62% of the wealth. • middle 40% = 30% of the wealth. • poorest 40% = 8% of the wealth. 62% of income 8% of income 30% of income
Primary Source B • Story: • Four people murdered 8 homeless children in Rio. Per year 500 children die this way.
Primary Source C • Report: • shopping mall opened next to slum, yet SLUM IS STILL THERE
Primary Source D • Article: • Porto Alegre is one of the few cities in South America that shelter and nurture their poor.
Question #2 • Why is the income gap a problem? • A. Limits economic opportunity • B. Divides a nation • C. Starts revolts and revolutions • D. All of the above
Question #3 • Which is the worst solution to the income gap? • A. Education for all • B. Get death squads to kill homeless children? • C. Create a free market economy • D. Democracy