Wealth, part 3: Causes of Disparity

Some of you still owe me the assignment about inequality (aboriginals, gender) that was due today. Hand it in tomorrow (Wednesday), please.

Now that we understand how to measure disparity (GDP, HDI, etc.) and we understand the characteristics of disparity (developed vs. developing, good debt vs. debt cycle, regional and social inequalities, etc.), we will examine the causes of disparity (concentration of wealth, control over resources and the legacy of colonialism). This corresponds with pp. 160-165 in the textbook.

When we examine capitalism and socialism...

Map: Cold War and military alliances
Communist bloc vs. the Western world

In the news...

North Korea threatens South Korea with destruction: read here. Chinese hackers and threats to our infrastructure: read here.

Project & Quiz: Characteristics of Disparity

-Project was due today (see post below); will accept submissions on Monday, Tuesday and Wednesday (before class).
-Paragraph (green booklet) due Wednesday - How would you characterize the disparity of wealth in the world?
-Quiz on Wednesday: Same topic. Based on pp. 152-159 in the textbook and poverty handout.

What are the characteristics of disparity?

The aim of the project is to understand the DISPARITY in the DISTRIBUTION of wealth. WEALTH is not evenly distributed. Thus, we are examining what are the circumstances that contribute to the UNEQUAL distribution of wealth. You are to refer to the pages in the textbook (152-159), to the handouts that I have provided (Aboriginals in Canada," "The Poverty Trap"). You may also refer to the information that you have in your chart.

The mind map below is to help you break down the information you have about disparity in the world.