Why some people are rich while others are poor?

Answer 1

go and ask this ques. from god he will help u in this.

Answer 2

Well sometimes a person is rich because they were born into a rich family.Some people get rich off of inventions.Some get an inheritance.And the most common reason for being rich is a person works hard all their life and study and go to college and get a good high paying job.People are poor because they just don't work hard enough and try.And they can't use the excuse that they were born into a poor family because they can go to school and study and get a scholarship for college and get rich like that.

Answer 3

Read the book "Rich Dad Poor Dad" by Robert Kiyosaki. The book exactly answers your question. No Kidding.

I had read the book because the cover said : "What the Rich teach their children about money that the middle class and the poor do not."

Answer 4

Some argued that it is because others are meant to be poor/rich. But the truth is that some are poor because the choosed to be poor/rich. That is why there is need for everyone to learn how to trade their way out of poverty.

Answer 5

It varies. Most companies, even tho they would deny it, usually want someone who is cutthroat. I personally could never be like that, too much of a conscience I suppose or maybe it's empathy. Some people just don't aspire to be wealthy. I'm finding when I was on my own and had a really modest income we all appreciated the little things more, such as Friday night renting a flic and making pizza. What made it really nice is we didn't have cable so everyone looked forward to it and it was relatively inexpensive. Now I am engaged and residing with someone who has been able to have more, such as cable, and those little things aren't such a treat anymore.
Basically, I guess it depends on the indviduals goals, morals, character, and determination.

Answer 6

Some people got rich because they worked hard but some got rich because they did illegal things.Reach people think that they are superior to others but they aren't better than poor people.

Answer 7

various factors will determine why some people are rich while others are poor, rich and poor can be determine by their skill, their education, their income and other things, but what is rich and poor itself? sometime what consider poor in the eye of others might not as poor in his ayes, so it's very subjective question and also subjective answer...

Answer 8

while being rich or poor may have something to do with laziness vs. being hardworking; spending money frivolously vs frugally, many sociologists believe that the reason people are rich and poor has to do with the power structure. Who has the power and who makes the rules?

It also has to do with allocation of resources, and who has access to those resources. The rich are generally in charge of who gets what resources while the poor have no say.

It's easy to say that one should pull themselves up by their bootstraps, but what if they don't have the proverbial bootstraps to pull themselves up with?

For example, a school with low test scores gets less money for books, computers and resources. Many teachers would be hesitant to go to a poorer district for those reasons. The school will graduate students who are at a further disadvantage to previous genreations. Those students are likely to settle in that community and send their children to the same schools who have even less money, will have even lower test scores and even less money (and lower test scores, less money, lower test scores, less money, etc).

A school in a rich neighborhood has no limit to what resources they get. They are at a constant advantage. The more advantageous one group is, sociologists say, the more disadvantaged the other group becomes (exemplified in Portraits of White Racism by David Wellman).

Answer 9

Because some people are greedy and keep much more than they need and capitalism encourages and rewards greed.

Though it is true that someone born to poverty can become rich, that is by far the exception rather than the rule. It is much rarer for someone born to wealth to become poor. There are a number of reasons for this, mentioned already in previous answers. Plus wealth breeds wealth. If you have a million dollars, just putting it in a standard interest bearing savings account will yield you a higher income than the average american ... but of course they will probably invest it more wisely, most likely having a better education and/or the ability to afford financial counceling, thus increasing that yield ... so the rich get richer. Meanwhile those born to poverty spend all their money just trying to provide the basic necessities for life, food, shelter, clothing .. and if their lucky, health care. This does not account for all the financial curve balls this capitalistic society throws us, so the poor are likely to get poorer. The minimum wage here in America is a joke. No one can live decently on the minimum wage and they certainly can not handle any unforeseen expenses like an illness. Even with health insurance, a major illness can bankrupt someone in the lower classes. And at some point in life, most everyone will suffer a major illnes or injury. These can be weathered by the middle to upper classes, but not the poor.

It is high time for a more humane socialist system that will lessen the gap between the haves and the have nots. We need to provide affordable high quality, college level education for all, rich and poor alike. We also need to provide affordable health care for all that will not bankrupt even the poorest of us. And no one should be forced to live in a rat infested, delapidated hell-hole because that is all they can afford. Give people a good education, good health, a decent domicile, and they will be more inclined to give back to the society that did not shun them when they were in need.

To Tom W: College is affordable to all? Really? Do you live in America? Even if so, are all equally prepared to excel in college? Does a wealthy child who goes to a good private school get a better education than an inner city child in a public school? How about the middle class suburban kid? Is his/her education better because there public school is better funded because public school funding is based on the taxes paid by the community it is in? Certainly it is. A big point I should have made is that even in the elementary to high school stages of public school, the per student funding should not be based on the tax income of that community, but rather ALL students should get equal funding REGARDLESS of the wealth, or lack thereof, of the community they live in. Likewise, a studnet who goes to a community college should be able to get the same quality education as a Harvard student. Our public system needs to be able to attract the good professors, top of the line equipment and facilities, etc. This stuff is not cheap and should come from the public coffers to help even the playing field to give EVERY american EQUAL opportuniy to excel. A rich father buys his son a Yale degree and the son has no loans to payback and potentially gets a great education. A poor man goes to community college, incurs much debt for much less of a quality education. And then a Yale idiot with a bought degree and a C- average who got below a 1200 on his SAT's becomes president. How is that justice? And you undoubtedly voted for him! ;-)

Answer 10

why they are rich?

what would you call rich first of all? For some, rich may mean to eat a hot meal 3 times a day. For others, rich may mean to have a job, a house and a car and a sexy girl waiting in the kitchen and it bed. For few others, rich may mean to have a helipad on the 50 foot yacht, that would be rotting in a harbor at Cannes on south of France.

So..depending on what would be the notion of rich, maybe you are rich after all....

Answer 11

It is we who are making people rich and poor.