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SUS1501 Assignment 4 (DETAILED ANSWERS) Semester 1 2025 - DISTINCTION GUARANTEED

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SUS1501 Assignment 4 (DETAILED ANSWERS) Semester 1 2025 - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED Answers, guidelines, workings and references ,..

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SUS1501
Assignment 4 Semester 1 2025
Unique #:661834

Due Date: 4 April 2025



Detailed solutions, explanations, workings
and references.

+27 81 278 3372

, So, in assessment 2, we reflected on a particular case involving great
wealth - the fact that Elon Musk's net worthincreased by about ZAR 12
billion a day over the course of 2024. In assessment 3, we reflected on very
severe povertyand abuse in the supply chain of a global commodity -
cobalt.

In this assessment we are going to think about the possibility that these
two issues - great wealth and great poverty -might be linked by focusing on
the proposal in Assessment 1 that:

“The wealth of a few depends on the poverty of many.”

To make this possibility really come alive though, we want you to consider
two of the questions in assessment 1 together:

"Of the top 10 wealthiest people (all men), eight are tech billionaires. Their
net worth is US$ 1.6 trillion or ZAR 31trillion"

(To put this into a bit of perspective, the South African Government
Employee Pension Fund, South Africa's biggestasset owner has
somewhere between ZAR 2 and ZAR 3 trillion.)

AND

"60% of the world's cobalt is mined in the DRC. Significant amounts of this
is mined under appalling conditions,often by child labourers."

Why is this important?

Well because of these:




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Paul Collier, John Kay Greed Is Dead
Publisher: 2020 ISBN: 9780141994178 Edition: Unknown

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