The gap between the rich and the poor is becoming wider: the rich are becoming richer and poor are getting even poorer. What problems can this cause? What can be done to reduce the gap?

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.The financial
gap
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among the wealthier and non-wealthier
people
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is rising exponentially which leads to inclining assets for richer
,
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apply
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while declining properties for poorer.
This
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essay will suggest that how economic imbalance is caused by
this
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gap
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, and recommend the solutions of imposing higher taxes on wealthy
people
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and
stimulate
Wrong verb form
stimulating
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them for charity, in order to create a balance in
whole
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the whole
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society
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. To commence with,
majority
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the majority
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of nations are not suffering from economic instability for no reason.
This
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is certainly because of the monetary
gap
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between
rich
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a rich
the rich
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and poor
section
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of
society
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. Since a
country
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's economy depends upon the natives of
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country
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the country
show examples
- be it rich, middle-class or economically weaker
section
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, so an overall income of all the classes is considered
,
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apply
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while considering the economic growth of
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country
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the country
a country
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, which comes from
majority
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the majority
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of the population
that is
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not economically strong .
Hence
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,despite having fewer wealthy elite ,the economy of the
country
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would be weak
that is
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a
hinderance
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hindrance
towards
nation's
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the nation's
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growth and development.
For instance
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, a
country
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like
india
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India
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, which is the
birth place
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birthplace
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of several famous celebrities and businessmen whose name can be seen in
forbes
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Forbes
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list of richest persons of
asia
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Asia
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, still lack
with
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apply
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the GDP of the
country
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. Not only
this
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, with
this
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trend, feeling of
envyness
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Inverness
is developed among weaker
section
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of
society
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, towards the higher one, when they watch richer
people
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wasting money on buying property on
moon
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the moon
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or gifting each other fancy cars
,.
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,
.
show examples
Therfore
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Therefore
, they consider the celebrities as a treasure of lord 'kuber' and opt for negative and
malacious
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malicious
activities
such
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as robbery and kidnapping, leading them to spend
whole
Correct pronoun usage
their whole
show examples
life in jail, when they are nabbed by police.
Nevertheless
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, the problem is not without its solutions. The states could twofold the taxes on the incomes of the famous wealthier
people
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,
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apply
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so that Money collected from taxes could be utilised for the well being of
weaker
Correct article usage
the weaker
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section
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of
society
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. The economically weaker
,
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apply
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would
thus
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feel
themselves
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apply
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as
the
Correct article usage
apply
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part of the community and would themselves, feel reluctant of putting a bad eye on famous
people
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wealth.
Additionally
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, the richer elite should be encouraged to think of their responsibility towards
community
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the community
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and should donate a minimal share of their earnings to the charities,which after publication on the
Tvs
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TVs
,make
people
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realize that robbing
such
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humble personalities for
thieir
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their
own sake is not a good idea. In conclusion, jealousy among
people
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and lack
in
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of
show examples
GDP of a nation are the catastrophic effects that are caused by
rich-poor
Correct article usage
the rich-poor
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gap
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;
however
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, solutions
such
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as doubling the tax rate of richer and charity
encouragment
Correct your spelling
encouragement
might help to ameliorate the problem to quite an extent

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