Rich vs. Poor: Does Wealth really Matter?

733 Words2 Pages

In today’s society and in the past years, socioeconomic status has been and continues to be a regarding topic. When analyzing an individual, one must consider the subjects’ education, income, and occupation to develop a reliable conclusion of their standard of life. I believe that socioeconomic factors play a huge role in a person’s life and I will demonstrate this through the comparison of different individuals. According to the American Psychological Association, socioeconomic status is the “social standing or class of an individual or group. It is often measured as a combination of education, income and occupation”. Socioeconomic status has a substantial effect on the lifestyle of an individual. Education, income, and occupation are all factors of socioeconomic status and are aspects of everyone’s life whether we excel in these areas or not. Those who excel in these categories tend to live well off while on the other hand those who fall behind tend to live very poor or mediocre lives. I believe that socioeconomic status is a relevant and growing topic of interest in today’s society as it continues to affect various important aspects of life. Studies have been done to test the effects of socioeconomic status on learning abilities, health, family relationships and even obesity but there are no recognized studies currently on its effect on one’s lifestyle in general. This is undoubtedly a topic that needs to be further researched in hopes of one day better understanding the issue. There is a significant difference in the lifestyles of those with opposite socioeconomic statuses. This semester we have read two works that demonstrate this difference, The Rise of Silas Lapham and The Friends of Eddie Coyle. While these two stories h... ... middle of paper ... ...t Coyle within the text by including the facts that he was a short stocky man and that one of his hands had been severely scared from a previous business deal. Since, The Friends of Eddie Coyle is written in complete dialogue the perception of Coyle must be drawn based on the conversations he holds with his “friends” within in the novel. While sitting and talking with a supplier Coyle depicts his true feelings about his life saying, “I bust my ass all day to take home a hundred and seventy bucks a week,” (Higgins, 29). At this moment the reader can really see how Coyle is struggling and working hard to just simply get by. Not only did Coyle have himself to support but, also his family. Ultimately, based on their socioeconomic status these two men were lead to live completely different lives. The major difference being their occupations: entrepreneur vs. gunrunner.

Open Document