How to write an analysis of income inequality essay?

How to write an analysis of income inequality essay?

A common practice when writing essays on income inequality is to compare two opposing points of view. So, you might be asked to write how income inequality is affecting the life of wealthy and poor. In this regard, you might also consider having some of the personal results of each of the items listed in order to make a really good essay. For example, you could write in the effects of income inequality essay that, compared to regular paper production, the household of the wealthy people uses more resources and material goods, which implies that the workers have less personal income, which in turn, affects the way that they live. The structures of household spending are most important. The structures of the basic social categories, like the household budget, the size of the main income, savings, medical care, education, property, Fishermen, etc. The percentage of these categories may vary, but, generally, the spending is of high importance in the household budget, and the lower layers of household spending, which, in turn, influences the social composition of the household. The middle class is concerned primarily with how to spend household funds.

The results of the household budget on a monthly basis are the figures on the average amount of money spent on alcohol beverages, electricity, and cigarettes. The estimates are made on the basis of salaries of certain middle class workers.

It’s worth mentioning in a wealth inequality essay that, in the broad sense, the middle class refers to 60% of the population. This group has the incomes above the poverty line but not belongs to the richest strata. Since middle class is very heterogeneous in terms of level and structure of income, expenditure and consumption, composition by sex and age, it’s obvious that only a part of this group can be defined as “classical”. There are also examples when the middle class changes its social status to the lower class. Then, the behavior of middle class members changes. As a result, the wages of middle class workers rise.

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The topic of the essay on economic inequality is good for the topics related to the problems of social inequality. Also, the middle class is one of the most important social groups, since the social status of representatives of this stratum plays a significant role in the structure of economic inequality in the United States.

The middle class is distinguished by high heterogeneity and even ambiguity in many objective and subjective criteria. This prevents the understanding of the common interests of representatives of the middle class.

There are several factors that contribute to the formation of the middle class.

  • Political economy.
  • Social and economic status (awakening of social mobility, strong entrenchment of the middle class).
  • Status (desertions from the middle class).
  • Economic inequality (profits and threats of inequality).
  • Activities in the sphere of economic activity, which are carried out on the basis of establishing and maintaining institutions, enforcing the social discipline through its control over the nature of entrepreneurial activity, in the formation of wealth and regulating economic relations.
  • The second stage in the development of the middle class is its transformation into the elite of business. The process of social mobility is manifested, particularly, in the form of class mobility: the privileges that are available to upward social strata in the transformation of the capitalist class: from the lower strata to the middle class.

    To make your work easier, better planned and structured, you should create an income inequality research paper outline. The ideas presented below will help you make a paper matter and certainly will be useful in the process of the writing.

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    In the first part of the next part of the income inequality essay outline, you should pay attention to the fact that the middle class got its name in the era of American industrial capitalism and is synonymous in the minds of the vast majority of Americans. The predecessor of the middle class was the agricultural population, mainly of the humus and low-quality cultivation, based on the natural resources of the soil. The soil was not only the universal basis of production. The whole life of the society was held on it.

    In the minds of the small landowners, the sale of agricultural products was a real protection of the poor. As the progress of economic values moved forward, the soil was able to support a new class of farmers who were able to create wealth only on the lord’s help.

    Such inalienable right gave birth to a new sense of self-respect in the hearts of the participants. On July 3rd, 1969, the poet Alley Ginsberg, a counterculture representative, and LGBT remarked on the pages of the “Village Voice”: “You know, the poor man was glad to buy his ticket to the country club.” The variation in the behavior of the poor was noteworthy. Even the most affluent group of the middle class could not enjoy the privileges.