The rich get richer and the poor get poorer

school funding structure in U.S. education system promotes the growth and intellectual development of students from rich families, but limits the educational prospects of students from poor families. The results of this disparity have placed students educated in poorer school districts, at an overwhelming disadvantage, while creating a competitive advantage for students educated in rich school districts. Also this issue has generated great debate and researchers have attempted to resolve it…

Salem. There had already been a trial the month before. Why were groups of people hanged for witchcraft in Salem in 1962. There were some poor teenage girls drunk with power and they started the Salem witch trials. The teenage girls accused older women of witchcraft, some little girls were drunk with power, and the poor people were jealous of the rich people. There were some teenage girls who were wildly accusing older women left and right. 22 out of 29 of the accusers were in their teens…

Squalor and Those Who Squander The words rich and poor are terms used that are on complete opposite sides on the spectrum for how much revenue someone makes and their overall social status. My family has always been fortunate enough to always be in the middle class when it comes to wealth. 21. When I was a little kid I never could figure out what the people with signs sitting by the street were doing. My parents always told me to not give the poor people money because the would gamble it…

and armored car driver, lives with his wife, Rosie, in New York. Rosie has a brain tumor, and the insurance has reached its limit, so they weren’t able to afford the treatment. Jim decides to cash in the pension he earned in the military, hoping to get an interest and be able to pay for his wife’s treatment. He looked for a financial adviser to help him find a good investment, however, he learned that much of his money was lost as a result of a bad investment. In addition, he was sued to pay…

underpaid workers work for up to 20 hours in horrible conditions, making products for these big organisations. Another drawback for TNCs is the widening gap between the wealth of developed and developing countries, where the rich are getting richer and the poor are getting poorer. Also, TNCs and globalization may deprive entire countries of jobs and resources. However, as a result of TNCs, people from all around the world can interact with each other, even though they belong to different…

Globalization is the description given to the linkage between countries around the world and how they’re becoming more connected economically and culturally. Globalization causes competition between companies within a country and international competition. Thomas L. Friedman, the author of, “The World Is Flat: A Brief History of the Twenty-first Century,” comes up with an analysis of modern-day globalization. The title, is more specifically a metaphor which Friedman came up with, after hearing…

reasons, Inflation, dehumanization, and because of a weak central government. Civilizations fall by not advancing in their society and the inflation of their money, so the people that live there are extremely poor. When all of the people are poor in your civilization you don’t get enough money from taxes to survive and thrive in your society. You need money to advance your civilization as a whole, like you need other people's money to go to war because war is really expensive and…

and often get sick this increases them less work which makes them poorer and hungrier. Sadly children mostly get to die most often, poorest people will have less access to health and education service the poorest are also typically marginalized from the society and have little of representation or voice in politics and public debates, making it hard to escape poverty. Poverty is a really hard situation where people with no proper…

article Why Not Utopia? he explores the correlation between a rise in robotic automation and a flawed distribution of income. Robotic automation is an ineffective replacement due to the fact that they will leave the poor people even poorer as a result of job loss, and the rich will become richer because they can afford to have robots work for them. A flawed model for income distribution has led to a significant amount of capital being kept with the wealthiest citizens, who are not spending a…

largest issues in America today: the wealth gap. Using statistics, the creator of the video proves that the saying “While the rich get richer, the poor get poorer” is true; as the rich are given an excess of opportunities to gain more money, the poor are not given a chance improve their status. Similarly, Robert Frank in his The New York Times article, "When the Rich-Poor Gap Widens 'Gatsby ' Becomes a Guidebook” describes how money brings about personal attractiveness in both the setting of…