Studies have shown that in many countries the income gap between the rich and poor is ever increasing. What problems can arise from this situation and what could be done to address this situation?

The disparity of income is a global economic problem ,especially in the global south and the incremental gap in wealth distribution between the rich and the poor has resulted in serious economic and social outcomes. In

this

essay, we shall analyse the outcomes of

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gap between the affluent and the impoverished and

further

shall suggest means to tackle the same. One of the main results of uneven wealth concentration is a serious hamper on economic growth which affects the quality of life. With a large number of have-nots, the primary responsibility of the state turns to

making

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ends meet for

this

population which in turn affects the developmental priorities. Consequentially increase in crime rates is another social problem arising out of the same which at times it leads to extreme consequences like civil strife or armed conflicts. A classical example lies in Zimbabwe where the disparity in income between the white planters and the black labourers had led to serious civil strife. As a solution, the government promotes free technical education to the masses which will contribute to enhancing their skill and increase their earning potential. Regular guaranteed employment schemes are

also

immensely helpful. Subsidising the price of basic foodgrains available to the poor can act to elevate poverty

subsequently

assisting people to move away

fromcriminal

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from criminal

ways. Progressive taxation shall prevent social upheavals and protests. It is by these measures these countries like India have been able to reduce the effects of disparity. Conclusively it can be said that the willingness of the state and its welfare policies play a major role in addressing

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classical economic dilemma. As long the state remains committed to its population at large and is not driven by narrow sectional interests these problems will definitely find a solution in the long run.