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:
Varsity Cube 2024 +27 81 278 3372
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:
Varsity Cube 2024 +27 81 278 3372