The gap between the rich and poor is widening in many countries. What problems can this cause, and what can be done to reduce the gap?

It is true that economic

ineuality

lack of equality

inequality

is increasing globally. In

this

essay, I will discuss the problems and possible solutions for

this

issue. There are, I feel, two main problems.

Firstly

,

this

can cause some crime.

For example

, in India, where the disparity between rich and poor is pronounced, many people are typically trapped in an underclass with very little opportunity to achieve financial success, leading to them

turn

Suggestion

to turn

to to seek other alternatives to get money, and

this

potentially leads to committing crime.

Secondly

,

this

development may result in economic issues. When the gap is widening, the middle class may well shrink, in turn lessening tax income of the government. What

this

can do

is ultimately place

Suggestion

is ultimately placing

strain on budgets and lead to austerity measures. Fortunately, there are two feasible solutions. One is that the authorities can enact laws to prevent the economic gap. By doing

this

, they can tax more from rich people, and

this

could well make rich people pay more and curb the excesses of the rich and reduce income gaps. Another is that the government can subsidise the poor by raising

mininum

the least possible

minimum

wage levels. Manual workers,

for instance

, who often work in factories, arguably receive a higher standard of income by

this

measure. As

such

, they can have a better standard of living, which invariably increases their happiness and narrows the gap between the wealth and the poverty. Overall, I think that problems of economic widening

is concerning

Suggestion

are concerned

are concerning

and, hopefully, aforementioned solutions can address

this

issue.