The Income Inequality Gap Essay - 1123 Words

Recently, studies have shown that income inequality has many connections that have caused the gap in the United States. According to the research I found, income inequality is connected to corruption, trade, wages of workers, and education. The world income inequality had declined since the twentieth century according to the studies found (Clark). Corruption falls increasing on low income individuals more than higher income individuals. Additionally, the trade theory suggests that the free trade might have level up the income inequality higher within countries by the different patterns of wages and demand for workers who are skilled and unskilled (Silva and Leichenko). Moreover, the education of wealthier people has it easier because the†¦show more content†¦Thus, corruption proposes that since the government is spending money away from programs that could benefits more of the lower income individuals. For examples, the government couldn’t provide public goods like ed ucation and health that could help the low income individuals because of the tax system. Yet, the higher income individuals have access to resources that the lower incomes individual don’t have to evade taxes by bribing government officials to lean on their side known as lobbying (Dincer and Gunlap). This research shows that the higher income individuals have a better chance to bribe governments causing the gap in income inequality in the economy because they have the resources to do it. Meanwhile, Silva and Leichenko purpose that free trade has increased the income inequality in the United States economy, but also within other countries. The trade theory research founded by Silva and Leichenko shows that by changing the patterns of the wages and demands for workers that are skilled and unskilled will affect the inequality of income. According to the studies, they found that there is a polarization between the wages of skilled and unskilled workers that has taken a hold of th e income inequality (Silva and Leichenko). Thus, people who are unskilled usually don’t get paid as much as skilled workers because they don’t have the same knowledge level. Stated by Silva and Leichenko, â€Å"advanced countriesShow MoreRelatedLarge Gaps Of Wealth And Income Inequality2159 Words   |  9 Pages LARGE GAPS IN WEALTH AND INCOME INEQUALITY INFLUENCE DEMOCRACY IN THE U.S. Karen Freitas Ashford University September 05th, 2014 Large gaps in wealth and income inequality influence democracy in the United States Human development is majorly concerned with what the state government is doing to make its citizens transform their environment to a productive and creative atmosphere, which can make them acquire all their needs and interests. 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