Nowadays, some countries do face the problems of wealth inequality in the community.
This
may lead to long-term effects on the people. In Linking Words
this
essay, I will state the common problems and possible situations for the income gap.
Linking Words
Firstly
, as the poor people get poorer, Linking Words
this
will give them a sense that they are not able to escape poverty which is one of the problems that cause negative effects on the economy. The public will start to be desperate once there are lack of jobs and income and may turn to illegal methods to survive daily. Crime rate will increase due to Linking Words
such
methods Linking Words
for example
folk will start to vandalize and steal from the local community. Linking Words
In addition
, Linking Words
this
brings out voluntary prostitution and human trafficking to an all-time high. To make matters worst, the influence of drugs in the country will Linking Words
also
increase and affect all ages.
In order to change Linking Words
this
problem, is to focus on community education for the public. Government should provide free education at the tertiary level and accessible material for the population so that they can Linking Words
further
enhance themselves and be more competitive in the job market. Linking Words
Furthermore
, financial literacy can help provide monetary knowledge and should be included in school as well. Linking Words
For example
, educating youth at an earlier age on how to save and invest their money can bring long-term benefits.
In conclusion, eliminating wealth inequality is a long battle. Different companies gaint and government will need to work hand in hand to help shorten the gap.Linking Words
s.jieldsen