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The Widening Of The Wealth Gaps
Beginning of essay
As our economy grows and becomes more productive as well as more prosperous, it is evident that the profits only benefit a few people. The middle and lower classes seem to be the victims in America’s magnifying wealth-gap. Wealth is the abidance of valuable possessions as well as of money. The ....
Middle of essay
....ricken when their income, even adequate for survial,falls radically behind that of their community”(241). The lower class receives no more than the minimum wage, and even though they do make enough to survive, their income does not provide them with, as stated Galbraith, “what the larger community regards as the minimum necessary for decency” (241).
As the wealth-gap widens, it allows some people, mainly the wealthy, to prosper far more than the middle and lower person. Cohen states: “..the ra.... |
| Number of words: 1346 |
Approximate pages: 5 |
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