The economy in the United States is undoubtedly unequally distributed and unstable. Social stratification, the society’s categorization of people in a hierarchy, is to blame for this. Americans subscribe to the perception that everyone should be placed in a certain group for their financial status; high class, meaning the wealthy individuals, or the lower class, the individuals suffering from poverty. Both social classes’ contribute negatively to the people involved. Wealthier communities experience emotional downfalls and isolation while the poverty stricken communities by decreasing their life chances for being successful and even their length of life. The social problems of wealth and poverty are extreme and need to be addressed.
The upper social class has an abundance of valuable resources or material possessions. They exert significant control over the economic developments and economic distributions in our society. According to Sauter and Frohlich, “The richest communities are all quiet suburbs located within commuting distance of a major city, which also offers the most high-paying job opportunities.” New York City is home to four of the ten wealthiest towns in the United States. Generally, the older male population has more wealth because their earnings rise and savings grow. There are several social problems associated with being wealthy. Though there is no evidence that money actually makes someone unhappy, though at a certain point in a person’s life, money will not make them happier. It may very well distract them from fixing their real problems causing the individual to become depressed or lonely, make them stressed over protecting their wealth, or even make them guilty f...
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...treet crimes such as robbery and dealing with drugs. In the end, poverty creates difficulties, distress, and destruction.
Wealth and poverty consist of the constant struggles with all who are involved. Money can make people feel secure, still, money cannot make people happy. Depression, isolation, and guilt are common outcomes of having vast amounts of money to protect, preserve, and maintain. Poverty stricken homes are more likely to result in single-parent homes, inability to afford important nutritional food, unaffordable homes leading to homelessness and less children are completing higher education. Impoverished people are more likely to become criminals. Poverty is a major social problem affecting the rural counties in the United States. It should be discussed with everyone and preventions should be taken into consideration to help the lower social classes.
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