C1 – Advanced
Most people want to amass wealth and the thought of earning quick substantial amount of money over a short period of time without putting in so much work is surely enticing. This is exactly what a pyramid scheme promises.
Let’s watch the video and find out the pitfalls of a pyramid scheme and also know how to keep an eye out for one.
Discussion Questions:
- What is a pyramid scheme and how is it different from multi-level marketing?
- Is this business prevalent in your country? What is your opinion on this business structure?
- Have you been offered to join a pyramid or multi-level marketing company?
- What are the ways to spot a pyramid scheme?