for the research With the rapid economic growth‚ it seems that people become better off. However‚ according to global economy trend and current circumstances the gap between the rich and the poor is larger and large‚ which leads to unequal distribution of wealth and resources. Now we are going to do a research to find out if there are any factors affecting the relationship among economic growth‚ the rich and the poor. However Charles and Kenneth (2000) argue that there is a potential problem of additional
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April 13‚ 2014 English Composition 2 Argument Essay Are Professional Actors and Athletes Overpaid? In this essay I will explore a much debated topic in this country pertaining to the undeniable fact that professional actors and athletes overwhelmingly get paid much higher than the average American. As any highly debated topic‚ there are always arguments and viewpoints from both sides of the spectrum. Like many Americans‚ for entertainment I thoroughly enjoy watching both film and professional
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poor and it slowly widening as the rich are getting richer and the poor are getting poorer. In fact‚ in July of 2015‚ the poorest half of the US was estimated to own a mere 2.5% of the country’s wealth; in comparison‚ the top 1% owns 35% of it. Beyond a reasonable doubt‚ there is an unequal distribution
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The Hunger Games is a book that highlights the predicaments of western democracies‚ though exaggerated. The Hunger Games‚ written by Suzanne Collins is set in the post-apocalyptic country of Panem‚ North America. Each year the Capitol organizes an event known as the Hunger Games: a horrendously gory battle between 24 randomly-selected teenagers from the oppressed Districts of Panem. The government broadcasts this onslaught live on television as entertainment for the Capitol citizens and as a timely
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Income inequality: Causes and Trends The distribution of wealth is extremely unequal in America and the whole world. This paper documents the growing inequality‚ and examines three reasons for its increase. The income growth for top earners is faster than income growth for the poor. This accelerated income growth for top earners would increase the income gap between top earners and the poor. In addition‚ income inequality between the poor and top earners in the US is becoming greater than in other
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wider in the United States than in other developed nations for decades. The United States of America has known for a land of opportunities. Everyone wants to achieve the “American Dream” which defines economic success. But we can see the uneven distribution by comparing one of the wealthiest men in America‚ Bill Gates‚ who makes over $50 billion‚ to a homeless person‚ who has nothing. This shows an income inequality in the U.S because there is a huge gap between rich and poor. Most of us agree that
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property to obtain wealth. The way each group used land directly relates to their culture and is thus expressed in how
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Economics Written report – distribution of income and wealth Introduction For several years‚ Australia has achieved steady economic growth‚ higher productivity growth‚ low inflation‚ and falling levels of unemployment. They have changed the structure of their economy which played an important role in creating a more efficient and competitive economy. One of the major challenges of the government policy was equal distribution of income and wealth between different groups in society. Government
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same perspective that‚ in China‚ 80 percent of social wealth is palmed in the 20 percent people’s hands. And yet‚ most of the happy few have or had (already gone) the desire to emigrate. “Among those mainland business owners who possess over 100 million RMB (about $ 16 million)‚ 27 percent have already emigrated‚ while another 47 percent are considering emigrating.” ( the Atlantic: why China’s Rich Want to Leave 2013-4-11) The loss of wealth lead to serious a problem: maybe after 20 years‚ China
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film follows Robert Reich and discuses the major income gap we have in this country using examples from the past and the present. The three main themes that were covered in the film were basically: wealth back then‚ wealth now‚ and wealth in the future. In the film Robert Reich uses the theme of wealth in the past to demonstrate and pull through his huge point of fixing the income gap. Back then America in the early 1920’s the economy was doing fantastic since more than a third of Americans worked
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