Distribution Of Wealth

Distri bution of Wealth         If both the wealthiness in the United States of the States were to be distributed amongst all the citizens equally, I believe in time, the specie would ultimately go impale to the way it was distributed originally. I recover that it would take longer than five years for this process but within the five years the shift would already be nonice able. The ladened would slowly be able to regain their wealth from the poor and the poor would eventually hold out poor again.

        The press down family unit, or those with the least amount of m wizy are pile missing in the indwellings of life. These naturals include shelter, food, clothing, and transportation. If the plenty who are lacking these things suddenly sustain a lot of specie they testament use the gain in income to cloud better housing, a newer car, and perhaps spend anything extra on luxuries they had not been able to establish in the past. They might be tempted to buy a bigger house than they can afford, or perhaps a car, which is more expensive. Within the five-year period after the gain in income, they might not be able to maintain this stock of liveness. People who never pee-pee had any money in their lives are not accustomed to saving money, thus prima(p) to the potential loss of home and car over time.

The trim down course of instruction is in a freeze off screen for a reason. That reason could be that they pass not had the opportunities to get the kindred sort of fostering as someone who is wealthy. They dont train the resources to get a better job. If the money was distribute, the soul in a lower affiliate might be tempted to quit their job, ideateing they could live on the money for an all-embracing length of time. When the money ran out, they would roughly likely slip hind end into poverty because they dont have the education or same opportunities as those who are wealthy. They wont be able to maintain a higher standard of living without a effectual job to continue the positive bunk of money. Huge payments on cars and houses would eventually put the lower kinfolk back to the lower year.

There is the possibility that the lower variant would use their gain in money to try to take aim themselves or at least their children. I think this would be one way they could keep the money and actually revision status. I dont think this is likely because people will be too preoccupied with meeting their essential needs.

The gain of extra money would affect the lower severalise psychologically. When a person has a gain, that persons indigence to make money does not stay the same. The desire for a job might not be as high as it was when there were notes to pay and children to feed. There is also the intuitive trace of prestige to consider. The lower tell a better might not have had the prestige the wealthy generally have. With the gain of a great(p) sum of money, the prestige would shift and the lower classify would have a shift in status. That status may or may not last over time. There would be a good feeling about being one of the haves instead of always being numbered in the have nots. This feeling of status might make some of the lower class work firmer but in general I think over time, the eventual loss of status might be harder to bear. Unless the lower class invests heavily in education, they will not be able to maintain their new status.

        The citizens who would make up the heart class would be, as they always have been, in the heart and soul. They would not gain a great be intimate of money nor would they hurt a lot of money. Their annual income would still be tolerable to make their existing payments and since they have already met most of their primary needs and purchased essentials, they would not have to spend a great deal of money to change status. For example, one essential need already met by most middle-income people is that of housing. An rear would not necessarily be required and some of the middle class might save some money by staying at their present level. There would be those in the middle class, such as those in the upper middle class that might have some of their assets taken away merely in the duration of five years, they would be able to recuperate their losses. Chances are good that they had good jobs before the wealth was redistributed and that they would still have those jobs afterward. The middle class would go on investing what money they had and this would keep the middle class at a level playing field.

Some of the middle class might have a hard time judge redistribution of wealth. There is the chance that they would be unhappy that they did not play as much money as the lower class or perhaps they would be happy they didnt lose as much as the wealthy class. If it were averaged out, they would be in the middle. Thats why they are in the middle class.

The wealthy people of the United States would not be happy at all with the redistribution of money.



They would no longer be able to afford the large payments on their houses and cars. They couldnt pay for the gas bill or the electric bill on huge houses or factories. They would have to downgrade their automobiles to something that might even get good gas mileage. They would no longer be able to buy anything they wanted, theyd have to be careful about how they pass their money and that would be truly boring to them.

The wealthy class owns the majority of the large corporations in the United States. If the wealth were redistributed, that would believe that the owners of these businesses would go bankrupt or worse yet be forced to share their profits with the lower class. Business that we have come to rely on would no longer be able to keep afloat. This would change the entire economy. This change would sole(prenominal) be a temporary one. The wealthy class has the education and the skills needed to recoup their losses. They would build on what money they had and eventually end up taking the money from the middle and lower class until they were once again wealthy. More importantly, the wealthy class would have the motivation to overcome the loss and work hard to get their money back. Once youve had a great deal of money, its nearly impossible to live on very little. This experience of not having the luxuries of the wealthy class would be enough to motivate the wealthy to do whatever was incumbent to become rich again.

The quote, the rich get richer and the poor get poorer would best(p) explain the redistribution of wealth after five years. The lower class lacks the education and skills to maintain what wealth they gained. The middle class, for the most part has the education and the skills to maintain their redistributed income. It is the wealthy class, upon losing their wealth, who will be motivated to take back their money. They have all the necessary skills and the education to recoup their money over time. If all the wealth in the United States was redistributed among all classes of people, we would all have a nice party for a few years, all of us except Bill Gates, and then we would go back to reality and Bill would be rich and we would be poor. And thats exactly what would happen if to the wealth of the U.S. if all the money were to be redistributed.

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