Saturday, May 14, 2011

Economic Inequality and Poverty



Major companys higher temporary workers who will work more and settle for being paid less. While in the meantime the company is making more and more money and paying less workers.




Since computers became more highly developed in work places less people were needed to run companys. More people lost jobs and had no other source of income or help so ended up poor.



Children who are raised in a household with less money and parents who work are impacted forever. The children who come from a family with no money usually will complete lower levels of education and start working at a young age.



"The American Dream"
The ideal American Dream is to have a stay at home mother, a nice house, nice cars and be comfortable and able to provide for a family. The chances of this happening are very rare and it is usually only those with a staggered head start that make it to the dream.



Inheritance from past generations or ones parents is a huge factor of how people get ahead. If two people going to medical school but one has inherited money, he is forever ahead of the other one. This affects education and what you can afford for the rest of  ones life.

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