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How to spot a pyramid scheme  | Stacie Bosley

How to spot a pyramid scheme | Stacie Bosley

FromTED-Ed: Lessons Worth Sharing


How to spot a pyramid scheme | Stacie Bosley

FromTED-Ed: Lessons Worth Sharing

ratings:
Length:
5 minutes
Released:
Apr 2, 2019
Format:
Podcast episode

Description

In 2004, a nutrition company offered a life-changing opportunity to earn a full-time income for part-time work. There were only two steps to get started: purchase a $500 kit and recruit two more members. By 2013, the company was making $200 million. There was just one problem -- the vast majority of members earned less than they paid in. Stacie Bosley explains what a pyramid
scheme is and how to spot one. [Directed by Wooden Plane Productions, narrated by Bethany Cutmore-Scott, music by Matthew Reid].
Released:
Apr 2, 2019
Format:
Podcast episode

Titles in the series (97)

TED-Ed's commitment to creating lessons worth sharing is an extension of TED's mission of spreading great ideas. Within TED-Ed's growing library of TED-Ed animations, you will find carefully curated educational videos, many of which represent collaborations between talented educators and animators nominated through the TED-Ed website (ed.ted.com).