American gives a reflection of one’s income.

American society has stretched between the rich and poor to its widest levels of since we can think remember. Income inequalities have affected American citizens ever since the American Dream came to presence. In brief, income inequality refers to the gap between the rich and poor. The United States has the most unequal income base in this world, which is why it’s rate increased more than any other country. The greater image as to why income is spread so unequally is because the gap between social classes. Each side of social class has a certain power, and that power gives the economy the ability to change society. The major classes; capitalists, managers, small entrepreneurs and the workers. As well as a persons clothing, housing and education. Typically, also depending on their class; it gives a reflection of one’s income. People do not gain class or power with their income being taken into attention. In this case, the bigger problem comes back to class inequality, which further forbids people to earn an equal income.
The United States has experienced an increase of inequality of the rich being rewarded more and the poor becoming poorer, which is why it is unstable between the two social classes. The gap between the two has increased since historic times, and it’s even decreased now because the causes of depressions today are about the identical as before. Furthermore, the working class is unable to afford comfortable lifestyles because of the less access there is to the low income group. The income group of the groups from corporate to entrepreneurs are standing at high and low. Therefore, the reason for unequal income gap is because the top spot positions are held by the so called white collar workers, so, of course their wage income is more.
In addition, apart from wage and the power the economy holds. Most important aspects of money control that American(s) are not aware of are the investors: these people are known to control the money of the working class. In addition, the employees that are likely to offer less skills and low pay have fallen in wages and health benefits. This may seem unfair in ways, but the less education and less skills means workers will not receive benefits nor raise in wage.

x

Hi!
I'm Owen!

Would you like to get a custom essay? How about receiving a customized one?

Check it out