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Summary final gen 499 result 1 Gen 499 Poverty and Income Inequality Gen 499 General Education Capstone Poverty and Income Inequality Could we all picture a future in which everyone earns the same amount of money, regardless of their abilities or the sort $7.49   Add to cart

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Summary final gen 499 result 1 Gen 499 Poverty and Income Inequality Gen 499 General Education Capstone Poverty and Income Inequality Could we all picture a future in which everyone earns the same amount of money, regardless of their abilities or the sort

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final gen 499 result 1 Gen 499 Poverty and Income Inequality Gen 499 General Education Capstone Poverty and Income Inequality Could we all picture a future in which everyone earns the same amount of money, regardless of their abilities or the sort of work they do, and there is no poverty? Al...

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  • January 9, 2022
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Gen 499
Poverty and Income Inequality

Gen 499 General Education Capstone

Poverty and Income Inequality

Could we all picture a future in which everyone earns the same amount of money,

regardless of their abilities or the sort of work they do, and there is no poverty? Although it is

possible to conceive a society in which everyone is treated equally in regards to income. We

know that this is not a realistic scenario. In today's world, the necessary skills and education to

accomplish certain occupations is more expensive than most people can afford. I will examine

the research and analyze how poverty and income inequality are intimately related as they

continue to harm our society. Low income children face more challenges than children from

middle to high income families. We will be on the right path to solving this problem if we focus

on generational poverty as well as economic and political institutions.There is a need for study

conducted in order to give lower class people greater opportunities and education. This research

might aid in understanding where the underlying difficulties are (i.e., lack of education, lack of

skills, pay per capita, nation or region, etc.) and how we can generate excellent work possibilities

for individuals in specific locations where they are not easily available.

Background Information

Poverty and wealth inequality are two of the most prominent global societal challenges,

but no actual cause has been established to explain why this is happening in so many areas and to

so many individuals all over the world. Some feel the cause is financial instability, business

closures, or the fact that the amount of people in a certain location do not have enough work to

support them. Many causes are assumed to be a direct cause of poverty and economic inequality,

but this paper will focus on how study is needed to establish which factors are assisting this

worldwide societal issue. It is vital that we, as a global community, come up with a strategy for

, improving our society and lifting people who are poor out of poverty. Many well-known experts

in their professions have attempted to identify feasible elements that influence societal concerns

such as income disparity and poverty, in order to aid in the elimination of these difficulties.

Though these experts have investigated and attempted to formulate useful equations for

addressing societal concerns, they have barely scratched the surface of the many complicated

layers of poverty and economic disparity. These two problems are intertwined, and if one isn't

resolved, the other will perish. A great example of the above statement is the elimination of

income inequality from society, which would eventually eliminate poverty from society (Nasir &

Mridha 2017).

Many researchers have discovered useful information in a variety of countries and

economies around the world. Their research enables us to see how different lifestyles and living

standards affect societal issues such as poverty and income inequality. For example, in an article

written by Saleem, Z., and Donaldson, J. A. (2016), four major poverty-reduction pathways were

identified by studying 15 different countries using the same four categories: industrialization,

rural development, social welfare, and petroleum-generated employment. Though these are just a

few of the areas that need to be researched in order to better understand and eliminate poverty

and income inequality, their studies allowed them to collect data that will aid in policy changes

regarding employment and development.

Societal Issues: Poverty and Inequality

Income inequality is one of the primary sources of differences in wealth that divide our

communities depending on wealth classes in the United States and many other nations across the

world. Inequality is determined by several factors, but some of the most important include

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