Starter – Use the pictures to note down the different categories of wealth acquisition. Homework – Assignment 1 in homework booklets Learning Objectives:- To explore the different ways in which people become wealthy. To evaluate what constitutes a moral way of gaining wealth and an immoral way of gaining wealth.
1) Use p68 to explain each cause of wealth in a bit more depth. 2) Extension – Use p69 to explain what Christians and Buddhists think about each of these.
With each of the following ways of acquiring £1 million consider; What a Christian would say. What a Buddhist would say. Whether you think this is a moral way of acquiring wealth.
A business based on loans to high risk individuals makes £1 million primarily from high interest rates and asset reclaims.
The CEO of a large charity earns £1 million over two years for her work.
A group of bank workers acquire £1 million by skimming 0.01% from all bank transactions.
A city banker avoids £1million in UK taxes by placing the money in a Cayman Island bank account.
An individual spends extra time with an elderly relative and convinces them to change their will to the tune of £1 million for themselves.
A government minister receives £1million over four years by allowing individuals to pay to lobby and speak to the prime minister about their interests.