In many countries there is a widening gap between the rich and the poor. What do you think are the causes of this? What solutions can you suggest? Give reasons for your answer and include any relevant examples from your own knowledge and experience. Write at least 250 words.

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The disparity between the rich and the poor has moved to the extreme ends over the
last
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decade. The rich have continued to gain more money and grow richer while the poor have remained poor. It depicts the inequality in income distribution between the rich and the poor.Unequal distribution of wealth is one of the common problems faced by developing nations.
This
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creates a significant rift between the wealthy and the poor and leads to many social problems. Economic disparity not only affects the lives of the people, but
also
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hinders the overall economic development of a nation. The ministry should always strive towards minimizing
this
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gap
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. If we look at the problems caused by
this
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phenomenon, we will find a number of issues. There are various reasons for the increasing
gap
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between the rich and the poor in the society. In most cases, these reasons are related. Research study on
gap
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b
etw
Suggestion
the gap
een the rich and the poor affirms that; culture, innate capability, globalization, education, labor
mark
a social class comprising those who do manual labor or work for wages
labour
ets, reforms on taxes, government policies, change in technology, gender, racism and differences in wages and incomes as the main causes. The difference in the wages and salaries is the core reason for the growing
gap
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between the rich and the poor. The job salaries are indomitable by the supply and demand in the commercial market.
For instance
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, when the supply of labor
is h
a social class comprising those who do manual labor or work for wages
labour
igh and demand for working force is low, the wages for the few available job opportunities will be as well low.
Besides
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the market related factors that affect the differences in the wages, initiatives facilitated by the gover
nment
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government, such
such
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as tax reforms and policies can
also
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result to increase or decrease in inequality. Social scientists and policy developers argue on th
e
Suggestion
about
efficiency and effectiveness of the inequality regul
ations stra
Suggestion
regulation
tegies. Some of the governmental distinctive initiatives which can minimize the difference between the rich and the poor involves; educating the public that enhances the skills of the work
force supp
the force of workers available
workforce
ly in order to minimize the wage difference related to education factors. The implementation of tax refor
ms prog
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reform
rams which will impose relat
ive high
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relatively
er taxes on the rich compared to the unfortunate will be very significant in regulating income differences within the society. Establishment of minimum income legislative initiative will assist in enhancing wages for the unfortunate labor
ers. An
someone who works with their hands; someone engaged in manual labor
labourers
initiative to subsidize product prices will enable consumers to purchase goods and services at relatively low prices. These initiatives will proof
to b
be shown or be found to be
prove
e very vital in reducing the
gap
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between the rich and the poor within the society. In general, the situation in which only the rich continues to be rich can be reduced in not solved through emphasizing more on education, investing in human capital and econo
mical lite
Suggestion
economic
racy. The problem has been there for ages and the
gap
Use synonyms
seems to widen by the dawn of each new day.

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