#10 It’s a strange world: Free Money
❓What would it be like if every month the government gave us enough money to live?
❗️The gap between rich and poor has grown bigger in most countries, even in the rich world. If you are poor in a rich country you can always get some money from the government but it’s often complicated and people may feel ashamed. Now more and more people say that the government should pay every citizen a basic income. They argue that it would be good for the economy and it would give poor people a better life. In the future it would also distribute the benefits generated by robots and artificial intelligence. What do you think? Is it a crazy idea?
⛓https://en.wikipedia.org/wiki/Basic_income
▶️ Here’s a YouTube video about Basic Income: www.youtube.com/watch?v=rJYLSrjFUxk
👉@afandi_english👈 #strange_world #politics #economics
❓What would it be like if every month the government gave us enough money to live?
❗️The gap between rich and poor has grown bigger in most countries, even in the rich world. If you are poor in a rich country you can always get some money from the government but it’s often complicated and people may feel ashamed. Now more and more people say that the government should pay every citizen a basic income. They argue that it would be good for the economy and it would give poor people a better life. In the future it would also distribute the benefits generated by robots and artificial intelligence. What do you think? Is it a crazy idea?
⛓https://en.wikipedia.org/wiki/Basic_income
▶️ Here’s a YouTube video about Basic Income: www.youtube.com/watch?v=rJYLSrjFUxk
👉@afandi_english👈 #strange_world #politics #economics
#14 It’s a strange world: Big Mac Index
❓Did you know that fast food can help us understand the world economy?
❗️There are rich countries and poor countries and the same price for some product could seem cheap in one country but expensive in another. Meanwhile, thanks to global chains (=a company that has many shops or restaurants) like McDonald’s, Burger King or KFC the same fast food is enjoyed pretty much everywhere. And here’s the interesting part – how much does the exact same Big Mac cost in different countries? The prices can tell us something about different price levels and global income disparities (=differences).
⛓https://en.wikipedia.org/wiki/Big_Mac_Index
▶️ Here’s a YouTube video explaining the Big Mac Index:
https://www.youtube.com/watch?v=5XdYbmova_s
👉@afandi_english👈 #strange_world #economics
❓Did you know that fast food can help us understand the world economy?
❗️There are rich countries and poor countries and the same price for some product could seem cheap in one country but expensive in another. Meanwhile, thanks to global chains (=a company that has many shops or restaurants) like McDonald’s, Burger King or KFC the same fast food is enjoyed pretty much everywhere. And here’s the interesting part – how much does the exact same Big Mac cost in different countries? The prices can tell us something about different price levels and global income disparities (=differences).
⛓https://en.wikipedia.org/wiki/Big_Mac_Index
▶️ Here’s a YouTube video explaining the Big Mac Index:
https://www.youtube.com/watch?v=5XdYbmova_s
👉@afandi_english👈 #strange_world #economics
#20 It’s a strange world: Planned Obsolescence
❓Have you been wondering why electric appliances always break before too long (=soon)? Or why smartphones have become harder to repair?
❗️ The reason might be “Planned Obsolescence” – when companies create products in such a way that they don’t last too long and customers are forced to buy replacements.
⛓ https://en.wikipedia.org/wiki/Planned_obsolescence
▶️ Here’s a video about Planned Obsolescence:
https://www.youtube.com/watch?v=wzWU7D0S9_8
👉@afandi_english👈 #strange_world #economics
❓Have you been wondering why electric appliances always break before too long (=soon)? Or why smartphones have become harder to repair?
❗️ The reason might be “Planned Obsolescence” – when companies create products in such a way that they don’t last too long and customers are forced to buy replacements.
⛓ https://en.wikipedia.org/wiki/Planned_obsolescence
▶️ Here’s a video about Planned Obsolescence:
https://www.youtube.com/watch?v=wzWU7D0S9_8
👉@afandi_english👈 #strange_world #economics