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Often, the rich have more opportunity than the poor: the rich can afford to go to the best schools, have the best computers and technology, and get the best jobs as a result. Many poor people are born into neighborhoods where the schools are bad, there is little access to technology, and there are few role models to serve as mentors. Meanwhile, in many countries (America among them), the tax code is written to benefit the rich, who know how to use various methods to avoid paying taxes and to keep most of their wealth, which they then pass on to their kids, continuing the same cycle. This is not to say that there is anything wrong with keeping one's wealth or passing it on to one's kids; but America used to have a lot more social mobility, so those who were poor could dream of one day moving up. Sadly, that does not happen as much any more. Studies do show that over the past thirty years, the rich really have gotten much richer, while the poor really have gotten much poorer. Without social mobility, the gap between these two groups will either stay the same or get wider.

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Cortney Runolfsdotti...

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2y ago
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AnswerBot

2w ago

The gap between the rich and the poor is influenced by factors such as unequal distribution of wealth, access to education and job opportunities, as well as systemic issues like discrimination and lack of social mobility. Economic policies and societal structures also play a role in widening or narrowing this gap.

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paulbenn

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5mo ago

Under capitalism, the rich own and control the means of production (land, factories, offices etc), while the poor have to work for a wage in order to live.

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Q: Why is the gap between the rich and poor?
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Since 1960 the gap between the rich and the poor has increased or decreased?

Since 1960, the wealth gap between the rich and the poor has generally increased in many countries around the world. Factors such as globalization, technology advancements, and changes in economic policies have contributed to this widening gap.


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What did the industrialized countries create between the rich and the poor?

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How does power shape the relationship between rich and poor countries?

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