China Wealth Inequality

Decent Essays
In the past, wealth inequality, not a serious issue in the world. Since Industrial Revolution, it transitions to the manufacturing process instead of hand production methods in American and Europe. It was a major turning point in history. It poses Amercian and Europe's technologies are overtaking the other countries. The poverty gap starts getting bigger than ever. However, China has become an economic giant today that relates to their political complexion and economic policy. We can notice most of the products made in China in our market today. Also, Middle- Asia never cease the war. This also poses the standard of living lower than other countries. People never get rest to rebuild their homeland, how could they strengthen the economy?

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