Change partners again and talk about your conversations.Ĥ. EQUALITY: Students A strongly believe all people should be made equal financially via the tax system Students B strongly believe this would be terrible. Technology / Amazon / $100 billion / tax / tax avoidance / education / healthcare What will the article say about them? What can you say about these words and your life?įortune / richest people / equal / disparity / wealth / billionaire / wages / rents / gap / CHAT: In pairs / groups, talk about these topics or words from the article. Change partners often and share your findings.Ģ. WEALTH: Students walk around the class and talk to other students about wealth. Make sure you try all of the online activities for this reading and listening - There are dictations, multiple choice, drag and drop activities, crosswords, hangman, flash cards, matching activities and a whole lot more. /category/world/world's-26-richest-own-same-as-poorest-half-of-humanity-oxfam./0/business/oxfam-billionaires-davos/index.html.
Wealth Inequality - Level 4 or Wealth Inequality - Level 5 Sources Try the same news story at these easier levels: It said: "In many countries, a decent education or quality healthcare has become a luxury only the rich can afford." It recommended taxing income at fairer levels, increasing tax on personal earnings and corporate profits, and eliminating tax avoidance schemes commonly used by companies and the super-rich. Oxfam said it was time to try and redress the imbalance in wealth. His amassed $100 billion fortune is 100 times greater than the annual health budget of Ethiopia. The world's richest person is Amazon founder and CEO Jeff Bezos. The report says that most of the world's mega-wealthy have made their huge fortunes from technology companies like Amazon, Microsoft and Facebook. Oxfam's report highlights the growing gap between the world's rich and poor and the ever-widening gap in wealth inequality. This is in stark contrast to the world's less fortunate - the poorest half of the planet is seeing its wealth slowly shrink as prices of commodities increase, wages are squeezed and land prices and rents rise. They are also getting $2.5 billion richer every day. It reported that since the global financial crisis in 2008, the number of billionaires in the world has doubled. This startling disparity in wealth is according to a report from the charity Oxfam. The combined fortune of 26 of the world's richest people is equal to the total wealth of the 3.8 billion poorest people.
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