What is a definition of poverty which is understood as the lack of a minimum set of prerequisites for maintaining an adequate level of material well-being; poverty can also mean the lack of basic opportunities and choices in the field of human development, the inability to live long, to lead a healthy and creative way of life, the lack of the ability to maintain own dignity, self-esteem, enjoy respect from others, those goods that are important for happy everyday life. It’s important to understand that all these values have intrinsic and inseparable characteristics.
Poverty is a significant moral and ethical concern of the contemporary world. To write a persuasive essay on poverty, you should consider the facts about it.
Poverty and inequality essay also will consider the factors that contribute to the issue of socioeconomic inequality: the imbalance of the society between the distribution of commodities and the wage rates, the underpayment of workers’ salaries by employers, the lack of adequate access to the state welfare system and social protection, the lack of understanding of the proper organization of the economy, the lack of experience of economic crises in the foreseeable future.
But the most important effect which these factors have on the process of economic inequality is their influence on entrepreneurial activity. The imbalance of the incomes of different groups of the population can lead to the fast growth of class power, to the dominance of the middle class in the social hierarchy.
In the course of economic development, the sort of conflict of the upper and middle classes in the United States is typical. The dramatic change in the balance of economic development has occurred exactly within the framework of the transformation of the values of the majority of the population from the lower strata.
There are a number of social movements, and they have a significant impact on the problems of these movements. For example, the movement for the enhancement of the minimum wage took place in the reign of the first FSLA act. The problem was solved at the very beginning. The wages were seriously raised for the low-wage workers. Then the other, more difficult steps were taken, such as the system of benefits reduction (reducing the benefits of social protection).
Like the other pioneers of the New Deal, Roosevelt did not waste his energy to smash the political and economic institutions, and the country benefited from this. In the opinion of American historians, the second FSLA act was more aimed at the elimination of poverty than anything else.
In the literature, the term “middle class” means a part of society that occupies the status positions between the top and bottom in the social hierarchy. Through its maintenance, widening and strengthening, the state can prevent high income inequality.
In the conceptual framework, the term “middle class” means a part of society consisting of the top and bottom in the social hierarchy. Through its maintenance, widening and strengthening, the state can prevent high income inequality.
From the economic point of view, the middle class is an independent social subject capable of effectively performing its traditional functions: investing funds in the national economy, playing the role of the main taxpayer, acting as a stabilizer of socio-political processes.
There is a generally accepted methodology that identifies several mandatory attributes of the population’s belonging to the middle class. It may be found in any good example of research paper about poverty. The following aspects are of great importance:
Another important feature of the middle class is its ability to invest in real estate, liquid assets.