One of the more memorable statements of Barack Obama’s presidency thus far has been his claim, in a high-profile December 2013 speech, that the great and growing economic inequality is “the defining challenge of our time.” In making his case Obama appealed to the authority of a seemingly unlikely ally: Adam Smith, the purported founding father of laissez- faire capitalism, who is widely thought to have advocated unbridled greed and selfishness in the name of allowing the invisible hand of the market to work its magic.
To read the rest of the Comprehension Passage & practise answering P2 Questions, do click on the link below.
P2 #25 (‘Economic Inequality’)_PASSAGE
P2 #25 (‘Economic Inequality’)_QUESTIONS
P2 #25 (‘Economic Inequality’)_ANSWERS