The gap between the wealthy and the destitute is getting wider these days as the high-class people get wealthier while the low-class is suffering even more. This essay discusses the problems that might arise due to this ever widening gap between poor and rich and solutions that could be addressed to resolve the poverty problems.
The wide-range differences of social classes could cause a big problem for a country. When the elite classes get richer and the low-income get poorer, crime, inequality and violence rate increases significantly. This issue could be a threat to the country's stability, as there might be protests and riots. One of the examples is the French Revolution that was primarily caused by the social and economic discriminations. During the Revolution, the gap difference between the rich and the poor was large and it had caused the unstoppable riot. The gap is responsible to brings political instability and dissatisfaction among mass people.
The government could take numerous initiatives do to resolve the issue and alleviate poverty. Firstly, the government should make proper regulations in terms of business practice and create more job opportunities. Any monopoly and nepotism in important sectors should not be allowed. Secondly, the government must provide subsidies for the low-income people. The fund for these subsidies could be allocated from income taxes collected from the rich people and larger organisations. With the subsidies, it is hoped that the poor classes could improve their economic conditions.
In conclusion, it is undeniable that the majority of global resources are controlled by a fraction of the population and this could become a serious threat to the country. Creating more jobs and eliminating corruption could be effective measures to address the poverty problems.
The
gap
between the wealthy and the destitute is getting wider these days as the high-
class
people
get
wealthier while the low-
class
is suffering even more. This essay discusses the problems that might arise due to this ever widening
gap
between poor and rich and solutions that could
be addressed
to resolve the poverty problems.
The wide-range differences of social classes could cause a
big
problem for a country. When the elite classes
get
richer and the low-income
get
poorer, crime, inequality and violence rate increases
significantly
. This issue could be a threat to the country's stability, as there might be protests and riots. One of the examples is the French Revolution that was
primarily
caused by the social and economic discriminations. During the Revolution, the
gap
difference between the rich and the poor was large and it had caused the unstoppable riot. The
gap
is responsible to brings political instability and dissatisfaction among mass
people
.
The
government
could take numerous initiatives do to resolve the issue and alleviate poverty.
Firstly
, the
government
should
make
proper regulations in terms of business practice and create more job opportunities. Any monopoly and nepotism in
important
sectors should not be
allowed
.
Secondly
, the
government
must
provide subsidies for the low-income
people
. The fund for these subsidies could
be allocated
from income taxes collected from the rich
people
and larger
organisations
. With the subsidies, it
is hoped
that the poor classes could
improve
their economic conditions.
In conclusion
, it is undeniable that the majority of global resources
are controlled
by a fraction of the population and this could become a serious threat to the country. Creating more jobs and eliminating corruption could be effective measures to address the poverty problems.