What is a definition of poverty: a region is impoverished at a relative basis, because there are no basic creative achievements, real estate is its main advantage. The number of people employed in industry is 2.5 times higher than the number agricultural workers, and the number urban workers is 3.5 times higher. The percentage of the poor in the US is lower than in England.
In England, the middle class included 20 million people, and the top 10 million – 60 million. The level of social stratification of the English poor was less significant than in America. But the tone of the society was much higher. In England, the upper and middle classes, along with the nobility and the urban poor, were closely connected, because, in England, the social structure of the nation was significantly influenced by the economic interests of the nobility.
The causes of poverty were similar for both countries. The middle class, as a rule, was involved in the economic development. The industrial revolution made significant progress in the urban sphere. The changes were so significant, in fact, that the shift in the middle class occurred exactly in the course of the economic crisis.
In the process of transition from the industrial to the postindustrial economy, the middle class began to retain significant social status, influenced the social process and value system. In England, the real wages of workers in the metropolitan and industrial sectors of the economy have grown significantly. You may write in the income inequality essay conclusion that all these changes were maintained for the next 40 years, and the wages of the middle class still consistently approached the highest level of the modern American level.
Another important trend of the first half of the 20th century was the transformation of the household budget on the basis of the incomes of the middle class. The household budget was most sensitive to changes in the relative pricing of goods and services.
Religious circles criticized the system of income inequality in the family. The high social status of the poor revealed the exploitation of the family as a social institution. The role of the household as a social institution was great in the old, but its relevance was due to the changes in the nature of the population.
The main activity of the household was connected with the improvement of the material situation in the middle class. The number of people employed in industry was 1.5 times higher than the number agricultural workers. Non-profit organizations had a significant impact in this process.
A number of families consisted of one adult member and several children. Married adult children are the most protected social group. They are more protected from unemployment than married ones.
In the urbanized regions of the US, the middle class represented a heterogeneous group. In the lower and middle classes, urban dwellers appeared, but they had low wages. In the richer areas of the US, half of the citizens were employed in agriculture, the situation of the middle class was much worse.
In the American West, the upper and middle classes, which emerged from the economic stagnation of the factory and share production, invested money and effort into the new culture. The poor sections of the middle class, located in the west of the frontier, did not allow themselves to grow. The gap between the middle class and the lower one opened up. The middle class gained the right to own space.
Talking about the middle class, it is worth mentioning that, in the period from the Civil War, the wages of the middle class were moderately higher than in the previous decades. Wages of employees in the northern states were 3.5 times higher than the salaries of the southern states. The difference in the salaries of white citizens from the lower strata of society was tremendous.
The middle class included 20 million Americans, the top 10 million – 70 million, and the level of social stratification of the middle class in the United States was higher than in England. Spend in the essay on income inequality for the middle class of America that, throughout the next 40 years, the real wages of Americans from the lower strata of society will be growing more than 1.5 times, and the level of their social mobility is expected to grow.
There were other, however, economic changes of social and economic nature which may be described in essay on income inequality: