Class summary 9/16
* Income inequality
USA's income per capita was over 75 times richer than poorest in 2009 according to the stats.
* Economy: ability to control goods and sources
* Two important turning point of income changing in the human history: Agricultural Revolution and Industrial Revolution
* Rich people get richer and poor people get poorer because their income difference is getting bigger.
* Why is poverty such a big problem?
Poverty leads to regional conflicts and starvation leads to cannibalism.
USA's income per capita was over 75 times richer than poorest in 2009 according to the stats.
* Economy: ability to control goods and sources
* Two important turning point of income changing in the human history: Agricultural Revolution and Industrial Revolution
* Rich people get richer and poor people get poorer because their income difference is getting bigger.
* Why is poverty such a big problem?
Poverty leads to regional conflicts and starvation leads to cannibalism.
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