The gap between rich and poor is increasing. What problems does it cause? What solution can you suggest?

Nowadays, almost every

people

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person

are improving

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is improving

economic condition.

However

, like the parallel link does not intersect every person's situation is uplifted

hence

, the difference has not narrowed. In

this

essay, I will discuss serious problems of the issue with solutions.

Firstly

, income depends on the

investment

made by them. Generally, people who have huge

investment

are wealthy people and less

investment

are relatively poor people.

Hence

, wealthy people have

high net worth so, they

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a high net worth, so they

a high net worth so, they

can start a

business

with huge capital which results in high return.

On the other hand

, the poor may have a brilliant

idea but

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idea, but

a deficiency of money will not allow them to start up any

business

.

For example

, my brother could not

setup

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set up

business

so, he joined a job in a multinational company for

high

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higher

pay wage whereas, one friend of mine who had relatively more capital started

business

and has been successful. The solution to

this

could be sharing ideas with the investor company and people.

For example

, Anil Ambani is one of the famous capital investors in India. He has aided in the establishment and improvement of many companies. Another problem is the high-interest rate. In the context of Nepal, the tourism sector has high prospects of

development but

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development, but

the

investment

required is high.

while

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While

people have a deficiency of cash, some people try to take a loan and start-up

business

but after a few years they have shut down. There are many examples of people being bankrupt. A recent

example could

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example, could

be Bijaya Maliya who was one of the richest

dwell

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dwellers

of India who was bankrupt and has left the country. High interest forces people to pay more return which must be earned from what they have started.

Hence

initial income

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the initial income

may be low which urges them to close the company. The solution could be providing

enterpuner

a person who tries to please or amuse

entertainer

loans at minimal cost by the government which promotes

upliftment

of the economy of the country itself. In conclusion, while problems like low

investment

and high-interest rates can be solved by providing loans at reasonable prices and backing international and national investors. Governments can take these steps to solve the problem related to

this

.