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Rich people are getting richer while poor people are getting poorer. Why is it happening? What are its effects, and how it can be tackled?

Rich people are getting richer while poor people are getting poorer. Why is it happening? What are its effects, and how it can be tackled? r8aon

Income disparity between the affluent and non-affluent sections is increasing. An ineffective education system is responsible for the same, and owing to it, the crime is increasing, while the innovations are decreasing. Moreover, approaches to revamping the education system to mitigate this problem are discussed ahead. Most schools are not imparting financial knowledge. Teachers are making their job-ready and not teaching about saving money, taking financial risks and making an investment for bigger profits. For instance, the concept of assets and liabilities is not a part of the formal education system till 11th grade. Hence, being unaware of effective money management techniques is making the poor even poorer. Lacking the right knowledge, poor people may indulge in some criminal activities. When they observe rich people enjoying luxuries, they could get lured by their lifestyle, and to be like them, some follow unfair means, such as involving in robberies or thefts thereby, leading to an unsafe society. Further it leads to, lesser discoveries. Had wealth been distributed uniformly among all, everyone would have got an equal opportunity to put forward their ideas at every platform; however, fewer people participating in decision-making results in the slow progress of the society. Nevertheless, the afore-mentioned adverse effects can be reforming the schools’ curriculum. Firstly, by having financial management topics in primary classes poor children can also acquire money management skills from the very beginning, additionally they could be taught trading as well as negotiation skills by conducting regular make and sell events. Resultantly, children from economically weaker sections would become capable of climbing the economic ladder. In conclusion, this essay has covered three aspects: the ineffective system of schools resulting in the wealth gap; rise in law-breaking besides fewer inventions from it; and ways to improve the education system to bridge the economic gap.

Income disparity between the affluent and non-affluent sections is increasing. An ineffective You use this word too often, consider replacing it withdisciplineinformationtrainingsciencestudyschooling
education
You use this word too often, consider replacing it withorganizationschemerulestructurearrangement
system
 is responsible for the same, and owing to it, the crime is increasing, while the innovations are decreasing. Moreover
, approaches to revamping the You use this word too often, consider replacing it withdisciplineinformationtrainingsciencestudyschooling
education
You use this word too often, consider replacing it withorganizationschemerulestructurearrangement
system
 to mitigate this problem are discussed
 ahead.

Most schools are not imparting financial knowledge. Teachers are making their job-ready and not teaching about saving money, taking financial This phrase/word (depending on the context) can be potentially replaced with :hazardsdangers
risks
 and making an investment for bigger profits. For instance
, the concept of assets and liabilities is not a part of the formal You use this word too often, consider replacing it withdisciplineinformationtrainingsciencestudyschooling
education
You use this word too often, consider replacing it withorganizationschemerulestructurearrangement
system
 till 11th grade. Hence
, being unaware of effective money management techniques is making the poor even poorer.

Lacking the right knowledge, poor This phrase/word (depending on the context) can be potentially replaced with :individualsnationsociety
people
 may indulge in This phrase/word is too simple and can be replaced with:a number of
some
 criminal activities. When they observe rich This phrase/word (depending on the context) can be potentially replaced with :individualsnationsociety
people
 enjoying luxuries, they could This phrase/word (depending on the context) can be potentially replaced with :acquire
get
 lured by their lifestyle, and to be like them, This phrase/word is too simple and can be replaced with:a number of
some
 follow unfair means, such as involving in robberies or thefts thereby, leading to an unsafe society.

Further
 it leads to, lesser discoveries. Had wealth been distributed
uniformly
 among all, everyone would have This phrase/word (depending on the context) can be potentially replaced with :acquired
got
 an equal opportunity to put forward their This phrase/word (depending on the context) can be potentially replaced with :thoughtsconceptsnotions
ideas
 at every platform; however
, fewer This phrase/word (depending on the context) can be potentially replaced with :individualsnationsociety
people
 participating in decision-making results in the slow progress of the society.

Nevertheless
, the Possible spelling mistake found.aforementioned
afore-mentioned
 adverse effects can be reforming the schools’ curriculum. Firstly
, by having financial management topics in primary classes poor children can also
 acquire money management This phrase/word (depending on the context) can be potentially replaced with :proficiencies
skills
 from the This phrase/word is too simple and can be replaced with:extremelyimmenselysupremelysuperb
very
 beginning, additionally
 they could be taught
 trading as well
 as negotiation This phrase/word (depending on the context) can be potentially replaced with :proficiencies
skills
 by conducting regular This phrase/word (depending on the context) can be potentially replaced with :createconstructmanufactureproduce
make
 and sell This phrase/word (depending on the context) can be potentially replaced with :occasionshappenings
events
. Resultantly
, children from economically
 weaker sections would become capable of climbing the economic ladder.

In conclusion
, this essay has covered three aspects: the ineffective You use this word too often, consider replacing it withorganizationschemerulestructurearrangement
system
 of schools resulting in the wealth gap; rise in law-breaking besides
 fewer inventions from it; and ways to This phrase/word (depending on the context) can be potentially replaced with :ameliorate
improve
 the You use this word too often, consider replacing it withdisciplineinformationtrainingsciencestudyschooling
education
You use this word too often, consider replacing it withorganizationschemerulestructurearrangement
system
 to bridge the economic gap. 