Category: Income Inequality

  • Effects of the Income Inequality

    After watching the CNBC video, which described how the middle-skill workers share has shrunk over time, I thought of my uncle, who was laid off from a steel company in the early 2000s (CNBC, 2019). When asked about the widening income gap between the wealthy citizens and others, he said that it angered him how…

  • Pandemic Challenge and Economic Inequality

    Table of Contents Introduction Addressing the Problem at the Micro Level Addressing the Problem at the Mezzo Level Addressing the Problem at the Macro Level Applying Social Work Values and Ethical Standards Conclusion References Introduction The coronavirus pandemic has presented two significant challenges for American society: public health and economic crises. The two are closely…

  • Financial Inclusion and Income Inequality

    Table of Contents Introduction Literature Review in USA Data and Methodology Results Conclusions and Policy Recommendations Reference List Introduction Financial inclusion is important in improving economic growth by reducing income inequalities. Economists agree that reducing income inequality increases disposable income among the poor, which is a primary demand. Governments have attempted various strategies to tackle…

  • Income Inequality: Changes and Causes in the US

    American society has to face a number of challenges in economics, politics, and healthcare. Human relationships depend on different factors, and economic factors play an important role. Society is divided on rich and poor, and this kind of inequality develops in the United States in its own way. During the last several decades, income inequality…

  • Economic Inequality in Australia

    David Donnison discusses the phenomenon of increasing income inequality, which has led to declining standards of living for a significant portion of Britains population. The author claims that the widening gap between the rich and the poor has introduced challenges regarding access to basic health care for most Britons (Donnison 2013, p.1). The sustained economic…

  • Economic Inequality and Pandemic Challenge

    Economic inequality continues to be relevant to modern society, with the full range of human rights being available only to the wealthy minority. However, many social workers have now been focusing on working toward addressing the issue, with their commitment to social justice and equal human rights being illustrated by the way in which they…

  • Addressing Economic Inequality: The Pandemic Challenge

    Economic inequality continues to be relevant to modern society, with the full range of human rights being available only to the wealthy minority. However, many social workers have now been focusing on working toward addressing the issue, with their commitment to social justice and equal human rights being illustrated by the way in which they…

  • Income Inequality in Developed Countries

    The work payment proportion excessively expanded among people who have high profits, further adding to the development of income inequality. The difference between individuals characterized by schooling and professional training provides them with benefits in work, creating capital payment imbalance. Lately, while the income inequality in Germany and China developed as quickly as in the…

  • Measuring Economic Inequality

    Global inequality is a complex issue, the measurement of which is complicated by the number of factors involved. The problem of global economic inequality has pushed its way into the national and international conversation and the ongoing debates about the need to raise the minimum wage to ensure the improvement in the populations quality of…

  • Economy Studying: Income Inequality

    Table of Contents Introduction Discussion Conclusion Bibliography Footnotes Introduction Most governments across the world have applied some of the remedies prescribed by the 19th century economists. Some of the solutions applied include progressive tax rates, low population growth rates, minimum wage rates, and educational training. These remedies appear inadequate in preventing the prevalence of income…