📋 Written Ability Test (WAT)/Essay Analysis Guide

🌐 Understanding the Topic’s Importance

Wealth’s moral justification amid poverty highlights ethical considerations vital for leaders addressing global inequalities, making it a compelling topic for B-school essays.

🕒 Effective Planning and Writing

Time Allocation

• Planning: 5 minutes
• Writing: 20 minutes
• Review: 5 minutes

Preparation Tips

• Note key data points and global examples.
• Organize arguments: for, against, balanced view.

✍️ Introduction Techniques for Essays

• Contrast Approach: “While global billionaires grow richer, over 700 million people face extreme poverty daily. This juxtaposition raises questions about wealth’s moral standing.”
• Solution-Based Introduction: “Redistributing wealth through fair taxation could bridge the gap between the ultra-rich and the impoverished, fostering global equity.”

📚 Structuring the Essay Body

Achievements

• Highlight philanthropy’s role in reducing poverty.
• Discuss wealth-driven innovations like affordable healthcare.

Challenges with Comparative Analysis

• Address exploitation concerns and inequitable systems.
• Compare Nordic equality models with laissez-faire systems like the US.

Future Outlook

• Suggest universal basic income (UBI) or wealth taxes as potential solutions.

📝 Concluding Effectively

• Balanced Perspective: “While wealth can be a force for good, its morality hinges on ethical use and systemic fairness.”
• Global Comparison: “Nordic nations’ equitable wealth distribution proves that moral capitalism is achievable.”

📊 Analyzing Successes and Shortcomings

• Key Achievements: Growth in philanthropy and CSR practices.
• Ongoing Challenges: Wealth hoarding and ineffective redistributive policies.
• Global Context: Highlight successful redistribution models.

💡 Recommendations for Sustainable Progress

• Introduce progressive tax systems.
• Incentivize CSR beyond financial motives.
• Strengthen global partnerships for poverty alleviation.

🖊️ Sample Short Essays

Balanced Perspective

“Global wealth disparity challenges the ethical foundation of wealth in modern society. While philanthropy helps, systemic redistribution remains vital.”

Solution-Oriented

“Fair taxation and CSR-driven policies can ensure wealth serves as a catalyst for equity, not exclusion.”

Global Comparison

“By emulating Nordic welfare models, nations can reconcile wealth with morality, fostering inclusive prosperity.”