In some countries, a few people earn extremely high salaries. Some people think that this is good for a country while others believe that the government should control salaries and limit the amount people can earn. Discuss both views and give your opinion.

Some people are recompensed immense wages in few nations. There are people who believe that
such
a trend might be profitable to the country, while others opine that the
government
should curb pays
accordingly
and, deterrent the income individuals are offered.
This
essay will highlight both views in detail and, explain why anticipating a huge income is beneficial for the growth of the country.
To begin
with, in today’s contemporary world, the relatives and children of powerful people are earning a tremendous amount of stipend than others.
Such
movements should be strictly monitored and the
government
should curb salaries of individuals according to their capabilities. To cite an example, In Nepal before 2012, the economy of the nation was contracting simultaneously as rich people were being more affluent and common people were jobless. That’s when the
government
came forward and implemented laws to provide equal job placements and earning to common people. So, it is the responsibility of the
government
to scrutinize any violations as well as to restrict the bulk of funds people can earn.
Nonetheless
, colossal stipend provided to few people can be considered advantageous to the country. As
such
masses could invest in establishing large companies and organizations within the state which will aid in escalating employment opportunities and, ultimately the emerging economy.
For example
, Mr. Chaudhary, one of the billionaire of Nepal, has opened several factories and companies and, provided work to more than twenty thousand people. So, the enormous salary paid to rare individuals helps in developing the financial condition of the nation. In conclusion, I believe allocating high salaries for few deserving people is profitable in mitigating financial issues of the province.
However
the
government
should keep an eye for any rules violations regarding the job opportunities so that common people are paid off equal sum as others.
Submitted by connect.shristi on

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Topic Vocabulary:
  • wealth inequality
  • economic growth
  • motivation
  • talent acquisition
  • consumer spending
  • tax revenue
  • redistributing wealth
  • market forces
  • income disparity
  • social stability
  • freedom of choice
  • meritocracy
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