This huge income disparity between the rich and the poor has numerous negative impacts on the society.
This huge income disparity between the rich and the poor has numerous negative impacts on the society.Tags: Modelling Assignments In MumbaiEssay About How To Quit SmokingOf EpenthesisEssay ResponseGood Gmat Awa EssaysGraphical Method Of Solving Linear Programming ProblemsProquest Dissertation Search
The fruits of productivity gains have been skewed towards the highest earners, and towards companies, whose profits have reached record levels as a share of .
Even in a country that tolerates inequality, political consequences follow when the rising tide raises too few boats.
Apart from this, extreme poverty results in an increased crime rate, as individuals putting genuine efforts to raise their living standards get de-moralized when they realize the difference between their living standards and those of rich people.
They draw the conclusion that the only way to get richer is by wrong and illegal means.
This Email Newsletter Privacy Statement may change from time to time and was last revised 5 June, 2018.