Write about the following topic:
All over the world, the rich are becoming richer and the poor are becoming poorer. What problems does this cause? How can we overcome the problems of poverty?
Give reasons for your answer and include any relevant examples from your own knowledge or experience.
You should write at least 250 words.
The gap between the wealthy and the destitute is getting wider in recent time as the rich people are getting wealthier while the poor are suffering even more. This essay discusses the problems that might arise due to this ever-widening gap between poor and rich, and solutions that could resolve the poverty problems to a great extent.
The extensive differences in social classes could cause many severe problems for a country. When the elites get richer and the low-income people get poorer, crime, inequality and violence rate increases significantly. This issue could be a threat to the country’s sovereignty and stability as there might be widespread protests and riots. One of the examples is the French Revolution that was primarily caused by social and economic discriminations. During the Revolution, the gap between the rich and the poor was extensive and it had caused the unstoppable riot. The gap is responsible to brings political instability and dissatisfaction among mass people. It hinders the progress of the country as well.
The government could take numerous initiatives to resolve the issue and alleviate poverty. Firstly, the authority should make proper regulations in terms of business practice and create more job opportunities. Any monopoly and nepotism in important sectors should not be allowed. Secondly, the government must provide subsidies for low-income people. The fund for these subsidies could be allocated from income tax collected from the rich people and larger organisations. With the subsidies and job opportunities, it is hoped that the poor classes could improve their economic conditions.
In conclusion, it is undeniable that the majority of global resources are controlled by a fraction of the population and this could become a serious threat to most countries. Creating more jobs and eliminating corruption could be effective measures to address the poverty problems.
[Written by – Darwin Lesmana]