“Income inequality refers to the extent to which income is distributed in an uneven manner among a population.” -inequality.org
Each one of us can make a difference. Together we make change. -Barbara Mikulski |
In our society, making less money can effect the amount of opportunities that is presented to people, as well as how far someone can go in society. For example, if a family has money to pay for a summer camp and another family does not, then the student from the less fortunate family will not have that of opportunity open to them, and in our society in order to be successful you need to participate in next level opportunities. There is also a big gap between the rich and the poor, and right now it is growing. The top 5 people in Vermont who have the most wealth got an increase in wealth of 42%, which is a lot compared to the 5 poorest Vermonters having an increase of 6%. Low-income people have a limit to the opportunities given to them, thus letting the income inequality cycle continue. In most cases, only the high-income people will become rich, attend college, and have their basic needs met. Thus, leaving the low-income people without a reasonable amount of money, difficulty attending college, and their basic needs not getting met.
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