The gap between rich and poor growing what problem it creates? and what can be done to tackle them?

The financial gap between wealthy and poor always existed in society for a very long time.Poverty is one of the biggest problems that humankind is facing in the world.Rich
people
are generating more wealth and poor
people
are remaining poor.
Firstly
, Poverty creates many problems like social instability in the country and it
also
raises issues like social inequality.Having less
money
will encourage
people
to stop education and
also
can encourage them to be part of social evils. Corruption is
also
one of the reasons that make
people
poorer.Many revolutions in the world happened due to the raising divide between rich
classes
and poor
classes
.A famous example of
this
is the French revolution that happened.
Subsequently
, these problems of the needy can be solved by the government taking strict measures to reduce the economic gap between the
classes
.
For example
Taxing rich
people
more so that they cannot earn more than a certain amount of wealth,reducing inflation in the market and creating
a
Change the article
an
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economic environment that gives more jobs to
people
who really need it.Financial education and economics should be thought to children from a very young age so that
this
creates awareness among them.
In addition
to the above points,
people
who have more
money
should
also
donate some amount of their
money
to help the
people
who need it the most.Many charity events should be conducted so that
people
will come forward and give some
money
to the low economic
classes
. In conclusion, having impoverished
people
in a society will make us realise our primary responsibilities. Each and every person in the society should perform their duties well and should discourage practices like corruption etc.
This
makes the world a better place to live in.
Submitted by saitheja.p on

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