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What is the difference between rich and the poor?

The rich generally have more economic and political power than the poor.


Has globalisation contributed in closing the gap between rich and poor?

Globalization has had a mixed impact on the gap between rich and poor. On one hand, it has facilitated economic growth in many developing countries, leading to poverty reduction and improved living standards for some. However, it has also exacerbated inequalities within and between nations, as wealth tends to concentrate among those already advantaged by access to markets and resources. Ultimately, while globalization has provided opportunities for economic advancement, it has not uniformly closed the gap between the rich and the poor.


Why there is a huge gap between rich and poor in developing country?

Due to lack of financial resources there is a huge gap between rich and poor developing country.


Why do experts worry about the widening gap between rich and poor countries?

rich countries are developed and are in prosperant situation they have developed.as we know about Darwin theory SURVIVAL FOR FITTEST poor countries need to develop.with the innitiatives of rich countries the poor countries get the platform for development.so if gap between rich and poor countries widen it may lead to a unsafe world.


What effect did the market revolution have on gap between the rich and poor?

One of the results of the market revolution included a significant increase in the gap between the rich and the poor. The market revolution in the U.S. describes a period of time from 1793 to 1909.

Related Questions

What is the difference in between rich and poor Elizabethans?

the poor where misteated by the rich because the rich always looked down on poor people:)


Is Haiti a rich or poor country?

Haiti has always been divided between rich and poor


Are there differences between the poor and the rich in Fiji?

The poor gets poorer and the rich gets richer.


Why do the rich can have all they want while the poor don't have anything?

You may not have a grasp on the terms rich and poor, and the difference between them.


Should poor be equal to rich?

no


What is the difference between rich and the poor?

The rich generally have more economic and political power than the poor.


What did experts believed caused the downfall of the Shang dynasty?

the great gap between rich and poor


What was the difference and similarities between rich and poor Victorians?

rich poor have food don't have food can play have a job


What was the difference between the rich and the poor ancient Greek?

The differences between the poor houses and the rich houses were that the poor houses did not have fancy rooms or anything like that and the rich houses had store room lovely kitchen they had much better things then the poor houses


Has globalisation contributed in closing the gap between rich and poor?

Globalization has had a mixed impact on the gap between rich and poor. On one hand, it has facilitated economic growth in many developing countries, leading to poverty reduction and improved living standards for some. However, it has also exacerbated inequalities within and between nations, as wealth tends to concentrate among those already advantaged by access to markets and resources. Ultimately, while globalization has provided opportunities for economic advancement, it has not uniformly closed the gap between the rich and the poor.


Will be become relationship between poor n rich?

The heavy stratification between the rich and poor class has created a somewhat symbiotic relationship. The poor are a huge worker and consumer resource for the rich, which in term keeps the rich wealthy enough to continue to use that resource.


Why there is a huge gap between rich and poor in developing country?

Due to lack of financial resources there is a huge gap between rich and poor developing country.