The Ascent of Money | Part 3: Risky BusinessThe Ascent of Money The roots of the insurance industry in Europe; disasters like Hurricane Katrina expose problems in risk management; the history of hedge funds. Aired: 07/07/09 Rating: TV-PG Problems Playing Video? Report a Problem |READ MORE PBS.ORG1 What problem happened after Hurricane Katrina that has stopped rebuilding?2 Why is disclosure significant when taking out insurance?3 Who created the insurance fund? What was the insurance that they developed for?4 How did the notion of welfare develop? What areas were enclosed in state welfare?5 Which nation is known as the welfare superpower? Why? What was difficultly about the system?6 What nation first began to undo its welfare state? What was put in its place?7 What other approaches can individuals use to protect themselves from unanticipated disasters?8 Why do folks buy insurance policies?9 What are some of the benefits and difficulties with insurance?10 The video examines government supported programs in some nations to provide for persons when the unexpected happens, such as offering unemployment welfares, health insurance, and so on. Do you think governments should offer insurance programs to people? Why or why not?
