, SUS1501 Assignment 4 (COMPLETE ANSWERS) Semester
1 2025 (661834) - DUE 4 April 2025; 100% correct solutions
and explanations.
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."
1 2025 (661834) - DUE 4 April 2025; 100% correct solutions
and explanations.
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."
