Some people believe that the difference between the lowest paid job and the highest paid jobs should be reduced. What extent do you agree?

Certain individuals think that reducing the gap between the salary between low-income workers and high-income workers is required. I am in complete agreement with
this
statement as doing
this
can reduce the
poverty
in society and
also
improve the
economy
in the
country
. The significant contrast of income of the people in the society causes
poverty
problems. People who earn just a small amount of money cannot afford necessary products in the market like clothes or foods, while the richer face a diverse experience. Earning an extra-low salary, the poor family may have to beg for others money and that would be terrible.
For example
, blue-collar workers in Thailand earn less than 300 baht a day which is not enough for renting a room and
this
increase
poverty
rates in Thailand. Obviously,
this
is the
first
reason why the difference in income should be reduced.
Moreover
, the gap
also
worsens the
country
's
economy
. The poorer are unable to pay for the taxes and fees, even though they are the citizen of the
country
;
hence
, the government would have fewer cash flows and not able to provide proper welfare for people which may cause
a
Change the article
an
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economic recession.
However
, reducing the margin of the earnings between the rich and the poor can minimize
this
problem and enable the
economy
to flourish. Take China as an example, the Government has introduced the regulation about
this
issue and now their
economy
is developed markedly. In conclusion, the level of difference in salary in the
country
should be mitigated to solve
poverty
and better
economy
in the nation. At the end of the day, there are nobody should be richer or poorer.
Submitted by mintjinjutha on

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Topic Vocabulary:
  • Income disparity
  • Equitable
  • Socio-economic groups
  • Wage gap
  • Morale
  • Productivity
  • Social cohesion
  • Public health outcomes
  • Incentivize
  • Innovation
  • Economic growth
  • Skill level
  • Expertise
  • Competitiveness
  • Market forces
  • Supply-and-demand dynamics
  • Artificial adjustments
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