The Widening of the Wealth Gaps As our economy grows and becomes more productive as well as more prosperous, it is evident that the profits only benefit a few people. The middle and lower classes seem to be the victims in America’s magnifying wealth-gap. Wealth is the abidance of valuable possessions as well as of money. The wealth-gap is the difference in income and prosperity between the rich and the poor. Our wealth-gap widens due to taxation differences, investment differences in stocks and bonds, and the unfair job opportunities in the manufacturing trade industry. A person is considered wealthy when their income is substantially larger than that of the average person in their community. Society encourages everyone to strive for power and wealth and as Cohen says, ”money in all its ....

Number Of Pages: 5

Number Of Words: 1366

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