How to write an essay on income inequality

How to write an essay on income inequality

Starting to write an essay on income inequality, you will need to analyze the topic more carefully. Because, in the future, when moving on to the main part you will need to make it readable, consist of three main blocks: topic sentences – main part (theses and arguments) and conclusion (bibliography).

The topic sentences are the most important part of the whole essay. They should be formed from one of the sentences in the body of the essay. You should try to write them down in one paragraph, although, you can also use one at the end of your essay. The main thing that you want to remember when writing one sentence is making it clear, simple and concise.

The main thing that you want to check according to this part of your essay is the placement of the thesis statement on the first sentence. Remember that you should not use too broad generalizations. The thesis statement is the main idea that you want to prove. It is also the main reason why you are writing the academic paper.

So, it is fairly important to follow the structure and rules of logical thinking when writing a paper on wealth inequality.

The next thing that you want to check according to this approach is the relevance of the source of information. The thesis statement should be specific, and it is necessary to follow it from the first sentence. When you write the whole essay, you will check the relevance of the main idea, and after this, you will need to create a short introduction to make the essay cohesive. In the introduction, you should present the main idea of the paper. After that, you can create a few more sections that will make up the body of the essay.

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The sequence of essay writing:

  • Introduction (formulation of the main idea).
  • The main part (analysis and comparison of the topic, description of the issues).
  • Conclusion.
  • First, you should start with the history of the problem of income inequality. To start with this, you should describe the history of the problem of economic inequality in the United States. From the state distribution of wealth, most often the upper and middle classes were divided into two classes: the rich and the poor. The terms ‘the rich and the poor’ were widely used in the new, more refined sense of the word. For example, it was reported that the percentage of millionaires in the upper class of the US was almost three times higher than the percentage of poor. In the 1890s, the rich would always have been able to buy themselves out of poverty, and the poor would always have been able to survive only if they got out of poverty. Otherwise, the whole society would have fallen into the state trap of among other citizens living in great social communities.

    The only thing that made the life of the poor easier was the industrial revolution which gained traction in the post-revolutionary decades and gained strength after the Anglo-American War of 1812. The industrial revolution changed the idea of the city, the distribution of wealth was much more limited than in the subsequent years, and the economic game of the market turned on. Only the wealthiest had access to the market, and the rest were forced to work for a living. Even the most needy could not enjoy the progress of the market. In the future, the poor would not be able to compete with the rich, and the result of the revolution would be the decay of the ethical standards, the elimination of the middle class, the emergence of a vast, ethnically diverse mass of aliens, the growth of the population of a non-standard and formally unequal economic structure ‘the net result’ of the combination of the revolutionary and economic goals of the society.

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    In the era of the American Dream, material prosperity was a means for a decent life, and moral values were far from being achieved. The material well-being of the majority of the population was used only to achieve psychological stability and a dignity, the highest degree of social adaptation of the individual. In order to take the victim’s position, he must have a good education, a decent salary, adequate housing and other conditions of a high quality.

    Social values were formed and maintained through the system of moral norms, traditions, laws that determine behavior, attitude towards others and their needs. In the system of individual entrepreneurship, freedom of choice, creativity, and responsibility were protected. Individual entrepreneurship has led the economy of agrarian America in the industrial direction that created more products of mass consumption than handicraft labor. The social stratification of Americans was maintained. The wealth accumulated by this way has all strategic and functional advantages.

    In the process of economic evolution, the American Dream lost its former importance as one of the main goals of the life of the majority of the population. The economy of consumption made it possible to reach a position of the leading economic power. Mass production has become the main instrument for reaching the goals of the individual and the group as a whole.