2007-01-17 18:46:58 · 10 answers · asked by vinod s 1 in Social Science ➔ Economics
because the government barely regulates really rich people.
2007-01-18 02:24:03 · answer #1 · answered by Sexy Lexy 3 · 1⤊ 0⤋
There is a point called the "Break Even Point" and once you are past that it becomes very easy to save money and/or invest money to make more money.
The Break Even Point is the amount of money that it takes a person to live in a specific location. Food is basically the same cost for each person to stay alive. Then there is shelter. Cost for Gas and a simple car, etc.
Some people have to work all their hours just to get enough to almost or just get to the Break Even Point. It is very difficult for these people to save or invest money so they never get ahead.
Other people get over the break even point and save a little or invest a little and then they make more money and then that allows them to invest or save more and it just keeps building on itself.
Some times it is just luck that allows people to get past the Break Even point... Other people that are above it get an illness or something that causes them to loose everything and then they are below the Break Even point and they can never get back to a point that they can invest or save money like they did before.
2007-01-17 18:54:40 · answer #2 · answered by CTM 3 · 0⤊ 0⤋
Here is a (humour) quote: " Want to know what God thinks of money? Look at the people He has gone and given it to!" Wealth is addictive! It 'gets' you!
2007-01-17 19:30:16 · answer #3 · answered by swanjarvi 7 · 1⤊ 0⤋
I think its becoz a human always needs more and more, nothing is ever enough so to accomodate those needs he accumulates more n more wealth.it's a never ending process.
2007-01-17 18:51:05 · answer #4 · answered by Anonymous · 0⤊ 0⤋
They have no personal lives or personality, so their entire self-identity is sought in hopelessly trying to fill the emptiness inside them with escapist toys and trophies, which never stop clinking and echoing in their hollow internal selves.
2007-01-18 06:24:49 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Because wealth buys everything. Everything gets happiness.
2007-01-17 18:54:33 · answer #6 · answered by jaggie_c 4 · 0⤊ 1⤋
that my dear is the nature of the beast. My goodness if you have money you want more and someone who doesn't have money wants a little its a vicious circle.
2007-01-21 17:03:01 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Money means power.
2007-01-17 19:10:45 · answer #8 · answered by Anonymous · 0⤊ 0⤋
You have to spend money to make money, and those that have a lot of it, know that.
2007-01-17 18:50:17 · answer #9 · answered by Anonymous · 0⤊ 0⤋
maybe it's the instinct for survival.....afraid of not having enough
2007-01-17 19:22:12 · answer #10 · answered by Happy Summer 6 · 0⤊ 0⤋