The Greatest Secret Of The Rich

The Greatest Secret Of The Rich

Assessment

Interactive Video

Social Studies, Business

11th Grade - University

Hard

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The video discusses the Robin Hood narrative and its impact on the wealth gap, exploring the history of taxes and how they evolved to affect different social classes. It highlights how the rich use corporations to benefit from tax structures, contrasting this with how employees are taxed. The video encourages viewers to start their own corporations to gain financial control and concludes with resources for further learning.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main idea behind the Robin Hood narrative discussed in the video?

To show how wealth distribution can solve financial issues

To demonstrate the effectiveness of government policies

To illustrate the mentality of taking from the rich to give to the poor

To highlight the importance of charity

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How were taxes initially introduced according to the video?

As a method to control inflation

As a way to support the poor

As temporary levies to fund wars

As a permanent measure for wealth distribution

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary benefit of corporations for the wealthy?

They provide employment opportunities

They allow for tax-free wealth accumulation

They help in reducing government debt

They ensure fair wealth distribution

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What misconception do people have about corporations?

They are easy to dissolve

They are not recognized by the government

They are only for manufacturing

They require a large group of people

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do corporations differ from employees in terms of tax payments?

Employees have no tax obligations

Corporations pay taxes on remaining profits

Employees pay taxes after spending

Corporations pay taxes before spending

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What choice do corporations have at the end of the fiscal year?

Pay taxes or reinvest profits

Distribute profits to employees

Donate profits to charity

Close down operations

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is encouraged for individuals to gain financial freedom?

Save money in a bank

Start a corporation

Invest in stocks

Work multiple jobs