Inequality

3 Pages 874 Words

1. I’m in going into the business management field. If the economy continues to grow for the rest of my life, I think my income would raise considerably. I feel that business is a very important field, because business respectfully has to do with anything and everything that has to do with a business and the economy. If that does continue to grow and grow the income possibilities are endless. I feel that the occupation that I am interested in is closer to affluence than comfortable. If the economy stays level, I feel that, my income would be relativity the same as I am starting the profession. Then when I have established myself at a company for a long period of time my income would rise at a steady pace. If the economy starts to decline, my income would be stay basically the same. Only because I feel that studies have shown profession in the affluent field continue to raise not decline through out a long period of time.
I feel that if the economy continues to grow, that everyone will benefit from a growing economy. There will be less poverty, and some of the comfortable people will go to the affluent class, and there will be less inequality. If the economy levels out, I feel that it will be a struggle for the working class and even for the comfortable class. The cost of living will go up and everyone, besides the affluent class will find it difficult to make ends meet and get the goodies in life. When this happens I’m am sure that you will see greater inequality. If the economy declines then it would be a loss for the comfortable class and the poverty class. I’m sure that everyone would be affected by the decline in the economy but the ones that would be affected the most would be the comfortable class and the poverty class. You would see people from the comfortable class drop into the poverty class. Hence you would see more people in the poverty class. You will see the rich get richer and the poor will...