Studies have shown that in many countries the income gap be tween the rich and poor is ever increasing. What problems can arise from this situation and what could be done to address this situation?

Since time immemorial it has been observed that the income gap define

people

in society. As the years are passing by

this

difference

is developing, rich

people

are becoming more rich and poor are getting poorer. There are

the

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various cause of

this

notion and can be resolve with some relevant solution. In

this

,essay

i

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I

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will light upon both the cause and solution in order to minimize

this

above phenomenon.

To begin

with,

education

plays a prominent role in differentiating

people

's status. It is very well known that

education

helps an individual to earn money, if the

education

is from the prestigious college it aids them to become rich easily as the cherry on the cake, but if someone is illiterate, it becomes challenging to cope up with educated society.

Additionally

, these days every nation is looking for tech-savvy

people

and offers good remuneration to them,

this

has

inresulted

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resulted

a huge space in compensation between a technical and non-technical group of individuals. To exemplify, in the IT sector the package for the technical department is higher than the support functions.

This

ultimately

resulting

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inresulting

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the big

difference

between affluent

people

and another part of society.

On the other hand

,

this

issue can be overcome by various steps if taken in a good manner.

Firstly

, the

goverment

Correct your spelling

government

should make minimum wages which have less

difference

with the other professional's salary. In fact, there should be some law for an unemployed mass where they get basic

education

free of cost in order to get

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entry-level job.

Secondly

, the taxes should be removed from an underprivileged homosapiens so that they can invest that amount in their savings and enhance their living standard. These small steps if implemented

,

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can slowly and gradually remove the

difference

between wealthy and needy

people

. To illustrate,

a

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in a

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country like Dubai, jurisdiction has removed the taxes and provided free

education

to all low paid clan in order to give them a better lifestyle. To conclude, Poor

education

and no employment is the main cause of increasing the

difference

between poor & rich human beings and can be lessened with free

education

and no tax rule by the authorities.