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Does poverty affect the rich

Updated: 8/22/2023
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16y ago

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Well, actually poverty can affect anyone at some point! Without knowing how a student of social studies would answer this question.. I would expect that poverty can affect the rich. For one thing if wealth becomes too concentrated and there are too many people at the low end who can't contribute to the cost of society (taxes to maintain infrastructure for instance) then more of that burden must fall to the wealthy. The wealthy who derive their wealth by selling goods and services to a mass market will be affected if the market dries up because too many individuals are too poor to be able to buy the goods/services. People suffering from poverty may become enraged at the despairity between themselves and the wealthy and may express that rage through a violent revolution and redistribution of wealth. Some wealthy individuals may feel concern about such a despairity and choose to give some of their wealth to better the condition of the poor or to help the poor find a way to prosperity.

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16y ago
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13y ago

poverty is supposed to be perspective so it effects people because if you see someone that is in poverty you wish you could help but all they ask for is for money which means they don't want to be helped properly but if you really want to help poverty give to people less fortunate.

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