2006-09-04 20:24:21 · 26 answers · asked by Anonymous in Society & Culture ➔ Cultures & Groups ➔ Other - Cultures & Groups
Two words,
Interest and Inflation
2006-09-04 20:26:01 · answer #1 · answered by KH 3 · 1⤊ 0⤋
Because Nowadays In The Whole World There is A System
What is Out There For You To Get is More Than what you Making so Therefor The Poor Gets Poorer
and For rich folks
Ofcourse Money Call Money
Or Money Makes Money
Put Ur Money in bank You Make Money
Give some of Your Money as Loan You Make Money
buy something today and sell tomorrow you make Money
2006-09-05 03:28:17 · answer #2 · answered by Momomada 3 · 2⤊ 0⤋
The rich have their money working for them. So, they don't need to work in order to make money. Their investments provide them with capital gains or passive income. The rich focus primarily on “capital gains" and “passive income" instead of “earned income". The rich are constantly creating and building assets with the money they have.
The poor on the other hand focus too much on “earned income". The main source of income for the poor is “earned income", and it usually remains the same amount for a long period of time. In the meantime, the expenses of the poor generally increase over time. A new child comes along, medical bills need to be paid, gasoline prices keep going up, taxes go up, etc. And while all this is happening, the amount of money from a poor persons earned income remains that same. That's why the poor get poorer
2006-09-05 03:55:31 · answer #3 · answered by Sean B 2 · 1⤊ 0⤋
The poor get poorer because the rich get richer. Why do the little kids get no cake when the big kids take it all?
2006-09-05 03:33:29 · answer #4 · answered by beast 6 · 1⤊ 0⤋
I am not rich by the way. It is mainly because the poor tend to think like poor people do. The rich are more sophisticated in handling money, even small amounts. and if they are not then they will soon be poor too. This has been a problem since money was invented.
2006-09-05 03:31:56 · answer #5 · answered by concerned christian 2 · 1⤊ 0⤋
Not all the rich get richer, some of them bankrupt. But usually money produce money if they invested it in the right way. While, poor get poorer because they don't have the money to invest...but also some of them can get rich if they become well educated and get benefited of their brains.
2006-09-05 03:47:24 · answer #6 · answered by egymah 4 · 2⤊ 0⤋
Because people who run this country (by that I mean corporations) are only interested in one thing, making more money. They pay off polititians to make laws that help them acomplish this. Instead of helping the poor with programs that will improve their lives the polititians are busy accomodating the wants of the rich to help them get more rich, in the mean time the poor get poorer.
Besides that, due to rising living costs the middle class is shrinking making the gap even bigger.
2006-09-05 03:31:43 · answer #7 · answered by vampire_kitti 6 · 2⤊ 0⤋
probably because rich have money to buy investments that make money
poor need to get by so they take out loans for stuff and end up paying interest on these costing them more money and also depreciating ion value because needs of poor people is different to rich people and the things they need depriciate like car etc
the best bet is to try and stay with ur parents get money behind u and buy something that will appreciate in value
2006-09-05 03:27:51 · answer #8 · answered by tanya 2 · 1⤊ 0⤋
the rich get richer through skill and a little luck.
The poor usually get poorer because they dont know how to rise above where they are and unfortunately they usuall spend money on rubbish food etc which leads to health problems etc., get into debt with credit cards which they should never have because often they cant make the repayments.
I know people who were born into poverty and are now wealthy because they did not want to end up like their parents
2006-09-05 03:55:46 · answer #9 · answered by Anonymous · 1⤊ 1⤋
Excerpt from Rich Dad Poor Dad:
"Money is a form of power. But what is more powerful is financial education. Money comes and goes, but if you have the education about how money works, you gain power over it and can begin building wealth." The rich make money work for them, through their knowledge in investing and accounting. The poor work for money and spend it on hopeless espenses.
http://www.amazon.com/exec/obidos/tg/detail/-/0446677450?v=glance
2006-09-05 05:36:41 · answer #10 · answered by Tassia A 1 · 0⤊ 0⤋
rich get richer because that they have money to take risk and have money to back them up. and poor getting poorer is that the don't have enough money to back them up. and if they take risk then they lost everything
2006-09-05 03:33:48 · answer #11 · answered by jwtaz1 3 · 2⤊ 0⤋