In many countries, the rich are becoming richer and poor are becoming poorer.Why is this a problem?What solutions are there to tackle this problem?
In
this
modern era, a weird pattern of unevenly divided wealth
has been observed. Wealthier people
have greater opportunities to earn even better while the less fortunate ones are facing a deteriorating situation
. This
essay will elucidate the issues associated with this
unfavourable situation
and the possible solutions to narrow the financial rift.
To embark upon, more money
is associated with a higher crime rate. The reason being, rich people
use the money
to turn situations in their favour. Bribes are, indeed, used to get the job done. For instance
, a
famous movie "No one killed Jessika" shows how Correct article usage
the
money
can be used to save criminals. Moreover
, this
gap in wealth
is making the living situation
for poor people
even worse. Because the poor people
barely have enough money
to fill the jobs forms, these jobs are being acquired by people
who already have a good income source. For instance
, according to a survey 80 per cent of the children from poor families drop out of schools. Hence
, this
situation
is giving rise to greater problems that need immediate attention.
Furthermore
, the issues associated with unevenly distributed wealth
needs immediate attention. Some possible solutions can be implying more taxes on the rich class. In addition
, more taxes will contribute to the country's economy; meanwhile, contribute to reducing the wealth
of people
little by little. To state an example, these humans will buy an Audi car irrespective of the higher tax. Albeit, the problem can be further
solved by providing more benefits to the poor class. This
will help them to improve their financial condition while giving them better living standards. To illustrate, the government must introduce schemes such
as free education, food items at lower rates etc. Thus
, providing them with better benefits will help to bridge the gap.
In conclusion, this
essay elaborated on the problems associate with the financial gap between the rich and the poor simultaneously suggested some solutions to address the issue.Submitted by arash.dejkameh on
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