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The Widening Of The Wealth Gaps

Part one of term paper
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 ...

Part two of term paper
... Society encourages everyone to strive for power and wealth and as Cohen says, ”money in all its manifestations has always been the prime source of power”. Yet given the situation, not everyone attains it. A person status in society’s social ladder is determined by their wealth. In other woods, wealth determines the social class of a person. There are three social classes: the upper middles and lower class. The upper class consists of these whose income exceeds the average person’s in ...

Word count: 1346 | Approximate pages: 5

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