The Wealth of a Country and Education Essay

Economic insecurity can create other serious consequences on mental health, such as; Personality and mood disorders, Psychoses that can lead to suicide and many other behavioral problems that make individuals turn to incautious choices like criminality and violence. According to the article “Education, Poverty and Terrorism: Is There a Causal Connection?” individuals living in poverty are more likely to do irrational things due to the financial pressure they’re on, the feeling of hopelessness can trigger some unsettling emotional response that can incur in aggressiveness and other acts of

The Bureau of Labor Statistics reported that as of 2015, 100% of married couples had at least one family member employed, including 19.4% of married-couple families had no one working. In 36% of that 100, the man was employed in that relationship. The possible reason why so many Americans aren’t working could be due to the fact that the way money is distributed in America isn’t what the people think it is, and it isn’t even close to the ideal. Uneven distribution of wealth is the cause of poverty is the United States, and here’s why.

Spatial segregation has created low-income communities, which have a weak structural base due to the scarcity of the economic and human capital resources necessary for ascertaining and safeguarding community interests. These vulnerabilities will impact the insertion of these individuals’ status in society (Souza, Xavier, Rican, de Matos, & Barcellos, 2015). Spatial segregation generated poverty, which has impacted the world in many ways. High destitute levels have affected society by creating breeding grounds for ethnic hatred, inter-communal violence, and religious extremism in areas of low education. The lack of economic opportunities in poor regions has resulted in terrorism and revolutions across the globe. Poverty has created areas of poor sanitation due to the using of natural water supplies as latrines and waste dumps, which shrink the drinkable water supply. These communities suffer the harmful toxic effects of burn carbon-intensive fuels for cooking and heating. These communities suffer greatly in maintaining a strong foundation of human capital due to the lack of education and high infant mortality (Polak & Warwick, 2013). This problem, in turn, has resulted in areas contaminated with an increase of people with health issues (mental and physical), increased crime, lack of resources and education.

     There is a problem in the United States that is growing and is causing issues in our country, but not everybody knows about it. The problem is the distribution of wealth in our society and the world as a whole, and how it is getting worse. Some people would say that it is an inequality due to the needs of the society, while others would say it is to the needs or individuals. This causes even more problems because of there being more than one supposed reason for the issue at hand. The problem is that the distribution of power is possibly starting to be lopsided, and for many reasons. There are two main views of why this is happening, the functionalist perspective and the conflict

Poverty is an issue that has affected society since civilization was first created. Even with a globalized economy and economic opportunity prevalent nearly everywhere, there is still a vast majority of people who live in financial strain. According to recent information obtained by the World Bank, “10.7% of the world’s population live on less than US $1.90 a day”(World Bank 2013). In the United States considered the wealthiest nation on Earth, the poverty rate is 12.7% which is 40.6 million people(US Census Bureau 2016). Though some people are in poverty because of their own choices, poverty is a result of structural institutional practices in place.

There are different types of poverties, relative, absolute and subjective poverty. Relative poverty is a state of living where people can afford necessitates but are unable to meet their society’s average standard of living. Relative poverty is the idea of keeping up with those individuals around you. Second, there is absolute poverty that demonstrates the lack of basic necessities, which include food, clean water, safe housing and access to healthcare. Those who live on less than $1.25 a day have defined this. In addition, in 2011, 17 percent of people living in the developing world lived at or below $1.25 a day. I currently live on $52.00 a day and I find myself to barely manage necessities. It’s been crystal clear lately on what I can afford and what I need. Lastly, subjective property is composed of many dimensions, when

A few weeks ago, I was walking downtown, when this random came up to me and said “You in school? That’s good, that’s good. Education is important.” From the state of her hair and clothes, and the smell of her breath, I assumed she was homeless. I didn’t really pay much attention to her, because homeless people are so common in downtown Atlanta. I was just hoping that she wasn’t going to ask me for any money! After a while, I started thinking about what the homeless woman had said; “Education is important.” Growing up, I had always been taught that people who lived in the streets had been afforded the same opportunities as I had, but they had simply chosen to ignore them.

High income inequality prevents an economy from growing, so the current status of the wealth gap in the U.S. is dangerous to the future of the U.S. economy. In fact, the average income of the top 10% of the United States population is roughly nine times greater than the average income of the poorest 10% of the population (OECD). This widening wealth gap is a problem of extreme importance and failure to recognize it may lead to social problems such as a rise in crime and overall social unrest. A continuing rise in this wealth gap affects all U.S. citizens as the bottom 99% may lose opportunities in education and be exposed to more crime, and the top 1% may lose consumers as no one will be able to afford their products. Furthermore, due to this rising gap, ordinary children of the masses, who are from the bottom 40%, are being denied to educational opportunities because they cost more money (Ingraham). Regardless if a child is born into a wealthy or poor family, they are still born with the same attributes; however, it is income inequality that creates inequality in educational opportunities for children, which threatens the overall educational status quo of the nation. A major wealth gap in any society is strongly associated with significant problems such as greater poverty levels, more crime, and even poor conditions of health (Partridge and Weinstein).

Throughout the book An Inquiry into the Nature and Causes of the Wealth of Nations, Adam Smith uses the term “commercial society” rather than more accustomed words like “capitalism.” Smith explains what he means by this term,

This definition can be used throughout the world to define absolute poverty because basic needs are the same for all humans. A fixed income is often used to define absolute poverty throughout the world; living on less than $1-2 per day (Palmer, G, 2010). The difficulty with this figure is that in richer countries it will still be impossible to obtain the basic needs on that amount of money whereas in poorer countries it may be possible to live on such a low sum, albeit with great difficulty. This illustrates the problem that placing a figure of money to define poverty creates and shows why the different term, relative poverty, is often used.

Approximately 75 million children around the world have no opportunity to attend primary school. Of the 75 million, most of them are girls due to tradition or parents that hold them back from attending ("Main Navigation"). Other factors that affect children from going to school is because of conflicts and wars that result in schools to be destroyed and families to flee the country. Lack of education is a growing crisis due to many factors in developing countries but it has the power pull a country out of poverty and make them economically stable and attract other countries to trade, therefore it should be seen as a priority. Developed countries are involved to help countries increase their education because every child should have the

In today’s world people need to compete globally for jobs and one of the most important factors in getting a good paying job is education. However, even the best schools cannot overcome some of the obstacles placed in front of the students that walk through their doors. Poverty, chaotic home environments, discrepancies in exposure to technology, and lack of funding for schools all negatively impact the effort to educate children.

This paper will discuss poverty, the different types of poverty and their definitions and who is affected by each type of poverty. It will look at the some of the major reasons why poverty exists and what causes poverty, like such things as inequality, stratification and international debt. Some of the impacts of poverty will also be analyzed from a national and global perspective; things like education, literacy rate, and crime. This paper will demonstrate that poverty affects almost everyone in some form or another and exists because those with power and wealth want and need poverty to exist to force a dependence on the wealthy. A few of the main

The questions are raised as what and how the wealth is distributed or allocated among societies. Countries with similar average incomes can differ substantially when it comes to people’s quality of life such as social justice, access to education and health care, job opportunities, availability of clean air and safe drinking water, the threat of crime, freedom of speech, life expectancy, birth-death control, identity, culture, conservation, equal opportunities, environmental change. Development is important as it covers a wide range process involving cultural, economic, environmental, political, social and technological change of a country. Regarding goals and means of development, recent United Nations documents emphasize on human development measured by life expectancy, adult literacy, access to all three levels of education as well as people‘s average income which is a necessary condition of their freedom of choice. In other words, human development incorporates all aspects of individuals’ well -being from their health status to their economic and political freedom. The Human Development Report 1996 of UNDP focuses on development as the end and economic growth a

In this book, it is found that the author manage to give detail explanations on each factors that is believed to cause poverty. The author makes progress and develops the ideas convincingly by providing adequate information based on statistical data and empirical evidences. In chapter four, the author argues that level of education affects the potential earnings of household. Indeed he writes, “The access to education expands the potential for human capital thereby enabling one to qualify for better-paid jobs” (29). To support his argument, the author proves it based on the results of the survey in which it is presented in table 4.1 that show the distribution of household heads based on the level of general education.