4 grades (poker survey, poker analogy, Video viewing guide, Vodcast)
Discuss Poker Analogy & Grade
You will grade a classmate’s paper
Grade the Viewing Guide
Grade your own based on attention, effort & quality of questions
Submit Vodcast Assignment
Govt. Role in the economy Less Involvement More Involvement Laissez-Faire Capitalism Power in Government The People The Elite
Save and Upload Your Vodcast
In iMovie, click ‘share,’ then ‘export’.
Choose ‘mobile’ and save to your desktop.
Go to the assignment on edu.20 and click ‘prepare answer’
In the editor you will see a paperclip icon. Click this icon and then browse to your video file (it should end in .mp4v)
Click ‘OK’ and wait for the file to upload
Click ‘Save and Submit for Grading’
Distribution of Wealth
In the United States, wealth is highly concentrated in a relatively few hands. As of 2007, the top 1% of households (the upper class) owned 34.6% of all privately held wealth, and the next 19% (the managerial, professional, and small business stratum) had 50.5%, which means that just 20% of the people owned a remarkable 85%, leaving only 15% of the wealth for the bottom 80% (wage and salary workers). In terms of financial wealth (total net worth minus the value of one's home), the top 1% of households had an even greater share: 42.7%.