Social Sustainability: Does Wealth Equal Happiness

Social Sustainability: Does Wealth Equal Happiness

Assessment

Interactive Video

Business, Biology, Information Technology (IT), Architecture

University

Hard

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The video discusses the threefold challenges of sustainability: financial, ecological, and social. It highlights the need to redefine wealth and well-being beyond GDP, emphasizing that material wealth does not equate to happiness. The discussion includes the implications for corporate strategy in a steady state economy, where growth is not perpetual. The video suggests that a shift in priorities can lead to greater well-being without relying on constant economic growth.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the threefold challenges mentioned regarding sustainability?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker define financial sustainability?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker imply about the consumption levels in society?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the current financial system's focus on material well-being?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker suggest about the relationship between material wealth and well-being?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What implications does the speaker mention regarding corporate strategy in a mature economy?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What is meant by the term 'steady state economy' as discussed in the text?

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