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Jacqueline Novogratz: Patient capitalism

Jacqueline Novogratz: Patient capitalism

Assessment

Interactive Video

Business

11th Grade - University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The speaker shares her journey from Wall Street to Africa, where she learned the importance of listening and humility. She founded a microfinance institution and transformed a charity-run bakery into a successful business. Key lessons include the importance of dignity over wealth, the limitations of charity, and the need for market solutions. She established Acumen Fund to support social enterprises, investing in companies like Advanced Bio-Extracts and A to Z Manufacturing, which address public health issues like malaria while creating jobs and fostering economic growth.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the speaker's initial intention upon arriving in Africa?

To learn French

To save the world

To explore the culture

To start a business

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main issue with the bakery run by 20 women?

It was a charity, not a business

It was too expensive to run

It had too many employees

It was located in a poor area

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the speaker identify as more important than wealth?

Dignity

Education

Freedom

Health

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of the Acumen Fund?

Providing loans to large corporations

Funding political campaigns

Investing in luxury goods

Investing in enterprises for the poor

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main product of Advanced Bio-Extracts Limited?

Cotton

Artemisia

Coffee

Maize

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the innovative product developed by A to Z manufacturing?

Cooking stoves

Malaria bed nets

Water filters

Solar panels

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What challenge does A to Z manufacturing face despite its success?

High production costs

Lack of skilled workers

Limited market access

Dependence on a single customer

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