Unequal Distribution of Wealth

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The way money is distributed within the United States is unbalanced, with the majority of the wealthy owning the bulk of the country’s wealth. Wealth can be defined as a person’s assets and monetary gains. This unequal distribution has caused numerous economic and geographical problems, such as how resources are divided among countries, how developed or industrialized a country is in relation to wealth distribution and the wide spread of disease and lack of medical attention due to an absence of money. In this paper I will address the negative and positive aspects associated with wealth distribution. I will explain how resource distribution contributes to an area’s economic growth. I will also discuss varying ways to measure wealth within and between countries and define and explain the three sectors of the economy. The United States has not seen such staggering figures between the wealthy and the poor since the great depression. In my opinion, many of our countries problems stem from the unequal distribution of wealth.
Wealth is unequally distributed in today’s society
The unequal distribution of wealth is seen as a negative and ongoing problem and debate within American politics and society. There is a great deal of evidence to back up why wealth distribution is damaging the American ideals of life. It also carries inevitable and undetermined consequences for our nation. How resources are distributed within a country depends on where the resources were found. For example, numerous people will move to an area that is rich with resources in order in ensure job security. Just because a country is fruitful in a resource does not mean that that particular country is wealthy. In fact, the laborers are paid very minimal...

... middle of paper ...

... rich, this would somehow be the great equalizer and bridge the ever increasing income gap between the wealthy and the less fortunate. However, this concept could not be further from the truth. In essence, this would not solve anything. The unequal distribution of wealth is an erroneous and irrefutable perception America will always be left to face. Whether intentional or not, the unequal distribution within American society is seen as a flaw in our nation’s history.

Works Cited

Riley, Geoff. "Poverty & Inequality in Resource Allocation." Poverty & Inequality in Resource Allocation. Tutor2u, 23 Sept. 2012. Web. 06 May 2014.
Berg, Andrew, and Jonathan Ostry. "Finance and Development." IMF. Equality and Efficiency, Sept. 2011. Web. 06 May 2014.
"Distribution of Wealth and Income - Boundless Open Textbook." Boundless. Boundless, n.d. Web. 06 May 2014.

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