ShmoopTube

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And here's your shmoop du jour brought to you by global

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inequality illustrated here in an entirely objective and unbiased pie [piechart of global inequality]

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chart here's your question which of the following best explains the rise of

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global inequality during the industrial revolution

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and here are the potential answers... well the first one a bit too crazy for us to believe it

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was called the Industrial Revolution for a reason people lots and lots of money

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was being made through industrial production and shipping

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why would Africa and Asia say no to that it just doesn't make any sense what

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about C, well it is right some countries didn't have the financial [Answer C on piece of paper]

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resources to industrialize and B isn't entirely off base either you have to be

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wearing some pretty strong rose tinted glasses to expect the global powerhouses [Farmers working]

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to simply share with everyone but we're looking for the best answer here the

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reason these answers don't best explain the rise of global inequality is because

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they don't explain exactly how global inequality became more and more unequal [People serving food]

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which brings us to D when some countries have the raw materials needed to produce

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goods and others have the capital to manufacture them it inevitably leads to

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growing income equality why well let's say we have a new pair of sneakers well [Man lacing up his sneakers]

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when they're sold the people with the advanced network that distribute and

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sell the sneakers take a big cut and the people with a big fancy factory take a [Man working in a factory]

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cut and after that the shareholders who put up all the initial capital take a

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nice cut that leaves those who actually grew the cotton for those sneakers with a [Men standing in cotton field]

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whole lot of nothing rich keep getting richer and the poor will stay the same

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and voilá income inequality and yes this is partly why you want to go to college [Man reading book in library]

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and learn to be one of those investors or technology people rather than the

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people selling cotton anyway as the old adage

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goes it takes money to make sneakers or money it takes money to make money [Piechart of amount that inequality is fair]

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