Particle size distribution

High amounts of income inequality should be a concern for the United States because it can be detrimental. According to the article by Huffington Post, “…in the U.S., 75.4% of all wealth is owned by the richest 10% of the people." This is more extreme than any other of the top 20 developed countries. Consider that most of the developed world has the top 10% own 60% of the wealth. The United States is actually quite close to the corrupt underdeveloped countries, according to the same article. We…

With the nation in heavy debate over the passage of the new Republican tax plan, attention is drawn yet again to wealth inequality in America. Regardless of the most efficacious solution to balancing the American budget, members of all socioeconomic classes are under scrutiny. Tensions are as high now as ever with the upper one percent owning nearly forty percent of the nation’s wealth, and the bottom fifth owning zero or negative wealth. In times like these, the barbarity of human nature is…

Inequality is the existence of unequal opportunities and rewards for different social positions or statuses within a group or society. In a country with a high level of inequality there are higher levels of health and social problems. Also no one is better off in a country that has a high level of inequality. A rich person in a more equal society is better off than one in a more unequal society. Richard Wilkinson and Kate Pickett's book "The Spirit Level" does a great job at pointing out how…

still not be distributed fairly” (983). Which is wrong libertarianism just believes that the government doesn’t have to worry about other people’s needs but that people can provide for themselves. Another objection is that people believe that the distribution of wealth still won’t be distributed evenly because people that play professional sports will most likely get paid more than kindergarten teachers or soldiers that go out and fight for the U.S. This all has to do with the free market it all…

Politics has always been a divisive issue between the wealthy and the middle/lower class, but today this divide has become wider and more problematic than in the past due to the extreme wage differences. The wage gap between the upper and the middle class is becoming wider than ever, and people are starting to resent the politics that are in place that appear to be keeping the rich richer. Taxing the 1% more is a way to take control of the country's economy, and ensure that not one group of…

Inherited wealth is almost as unequally distributed as overall wealth in Canada. Inheritances are predominantly distributed to those who already have university degrees and are making $100 thousand annually. This means that inheritance is a major cause of income and wealth inequality as it further benefits those who are well off with no effect on those in lower income brackets. As seen in Exhibit 1, those who receive inheritance are more likely to be the individuals who were raised in a…

Analysis: Initially after I received my results from the GMI survey I was surprised by their outcome. Being a Global Studies major, I thought that my overall averages would have been significantly higher than they were. However, after reading through the aspects of each individual section, and a close inspection of myself in regards to the requirements to those sections I began to understand the reasoning behind my scores. When I first started assessing my GMI results, I expected my scores to…

The Philadelphia 76ers trend is upward sloped, and attendance increased as the Sixers win percentage went up. From 1994 to 2013 for the most part there wasn’t much divergence from the line of best fit expect for in the years 2001 and 2003. In the year 2001 the divergence is extreme; based on the line of best fit, one would expect approximately 80 % attendance for a 52% win rate, however this was not the case. In 2001 the attendance was at the Sixers highest between the years of 1994-2013 at…

Project 2 economics The United States income inequality. The list of contributions to this problem adds on as time goes on. Some of them are found education, discrimination and monopoly power. Most people are not aware of the issue. Here is some information. Some people were introduced to the inequality of economy since they were children. I always hear parents telling their kids “you need to go to school so you can get a good job and make a lot of money”. IN an article published by…

change any change in the economy and benefit growth. Krugman has mentioned in his article that “We’re a much richer nation than we were in 1964, but little if any of that increased wealth has trickled down to workers in the bottom half of the income distribution” (Krugman 7). Krugman, in his article, is indirectly talking about trickle-down economics and the reality of about its action. According to Kimberly Amado, “Trickle-down economics assumes investors, savers and company owners are the…