w/hy is it that the poor people become poorer while the rich?

Question

people become richer and richer?

Answer 1

Do you have examples?

Answer 2

The term labor can mean different things, but I'm using it here to mean just plain ordinary work. The value of labor has been declining for a very long time and it's still going down. How much would you pay for a slave these days? While the world is getting richer, people who have to sell their labor to survive are getting poorer,

Answer 3

Most laws were written by rich people for rich people. The poor and powerless have little to say about the law.

One person also noted that the poor live day-to-day, or at best paycheck-to-paycheck. They have nothing left over, so they cannot save cash or invest in property of any kind. Often they get trapped into using credit, and then they get overwhelmed by interest charges.

In many instances, the poor are uneducated, so they cannot get good jobs that pay high incomes. Their poverty leads to stress. To the extent that many poor people live in areas with high crime rates, they must take extra (costly) precautions to protect what little they have. Often retail stores in poor communities charge higher prices than retail stores in middle-class or wealthy communities.

Answer 4

To answer it simply....it is the natural law of "action and reaction". The law of equillibrium at work.

If someone is getting rich (having the resources), another someone is getting poorer (losing the resources).

I think this dilemma started when people starts to do "business".

It should have been relatively straightforward...i have something you want, you gave me something in return so I can give you what you want. That's fair enough.

But the problem lies on balancing the "Supply and Demand". Businessmen were not able to balance specifically on the "Supply" side. Almost all of their "production" is in excess.

Take for example, production of a product, a toothpaste. The amount of production is based on the "forecasting" not the actual "demand" which would be impossible to get the exact numbers. So possibility of an "excess" or "shortage" is inevitable. Which then translates to gain and loss on businesses...which then translates to costs of goods....then later along the matrices of business...stocks maybe.

I guess...the dilemma of rich and poor started when Adam & Eve realized they were naked! hehehehe

Answer 5

There are two reasons,
1. Rich people are self centered and selfish in attitude they never think of society. They do only when they need some publicity to sell their product or service.
and
2. Poor peoples attitude. They are low self esteemed people never think high and think that this is their fate, but the reason for this is illiteracy.

So if your rich think about society, since your are part of this society and If your are poor have confidence in you to grow and moreover we people have to educate them so that they can come up in life.

S.Parthiban
Chennai

Answer 6

Part of it is that many people who have money are used to dealing with it and tend to handle it a little better, and they also have more money they can invest that they don't need to survive.

Another thing is that there are special tax benefits for businesses and so on that are designed to stimulate the economy, but most poor people can't take advantage of them because they usually don't own businesses. Also, if you have a certain amount of wealth you're allowed to take part in different types of investments that poor people aren't (these investments are much riskier so there are laws in place to protect individuals from blowing their livelihood on them and ending up dependent on the state).

Answer 7

So that Rich and powerful can control us easily because no money no talk and can't do anything and no choice die die have to obey their bidding and work like hell. Otherwise why the ratio gaps between the rich and poor are so wide.

when u are poor, u have no other thoughts, only money money and work and work.

Agree?

Answer 8

I agree with some of the answers already posted.

But, I also believe that it's the rich people in charge ,so of course they're going to pass laws and etc. that will allow them to keep and expand upon their current wealth.

Answer 9

Because taxes kill the shrinking middle-class and burgeoning lower class. On average, most middle and lower class Americans pay about 50 percent of their income in taxes--federal and state income taxes, gasoline taxes, sales tax, and so forth.

Answer 10

because rich people have millons of dollars and poor people dont, and they dont know how to manage money so they act rich and spend money they dont have. i know cuz im poor and i always spend what money i do have instead of saving it

Answer 11

Success breeds success