In many countries, the rich are becoming richer and poor are becoming poorer. Why is this a problem? What solutions can be done to solve this problem?
It is irrefutable that wealthy people are able to earn more and more wealth, which the condition of poverty stricken individual are becoming more adverse. There are various causes because of which this problem is mushrooming day by day, however, effective measures by authorities will definitely help to tackle the issue.
The predominant reason of this decreasing economic equality is income from investment. Rich people have surplus money to invest in different project, whereas impoverished have no extra income to invest. Wealthy indiviuals are able to earn return for the investment, which make that able to earn additional income. For example, Mukesh Ambani is exploring many new segments and expanding its domain by putting money in new project like jio 4g internet services in India. Apart from this, if a person keep his saving ideal in bank account than also in the developing country like India, he will be able to fetch the interest income. Indian banks provide 4 percentage on saving account and 8 percentage on fixed deposit, because of which money of rich people keeps on growing and they become more and more wealthy. On the other hand poor are only able to earn to money for their basic need and inflation rate is raising continuously making the situation for them more adverse.
This problem can be handled and circumstances can be improved only if proper policies are planned and implemented by the government. Imposing higher tax on rich people can help to some extend. Tax slab must be declared by considering this factor. For instant, the gap between the tax on income must be increased subsequently. Apart from this, minimum wage rate should be increased so that poor people will be able to earn more. Industrialist must pay fare wage the labor employed. Strict punishment and fine must be imposed if any body does not fellow the rule of wage rate. State can start to provide the training to unemployed youth so that they can set up their own business.
In conclusion, unequivocally the gap become the rich and poor are increasing adversely. Income from the saving and investment is the major reasons, but situation can be changed if government take focused steps and make strong policies
| Post date | Users | Rates | Link to Content |
|---|---|---|---|
| 2019-06-05 | vadhrahmanjit@gmail.com | 78 | view |
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Grammar and spelling errors:
Line 5, column 186, Rule ID: SOME_EXTEND[1]
Message: Did you mean 'extent' ("extent" is a noun, "extend" is a verb)?
Suggestion: extent
...her tax on rich people can help to some extend. Tax slab must be declared by consideri...
^^^^^^
Line 5, column 528, Rule ID: ANY_BODY[2]
Message: Did you mean 'anybody'?
Suggestion: anybody
... punishment and fine must be imposed if any body does not fellow the rule of wage rate. ...
^^^^^^^^
Line 8, column 1, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...focused steps and make strong policies
^^
Transition Words or Phrases used:
also, but, however, if, so, whereas, apart from, for example, in conclusion, on the other hand
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 22.0 13.1623246493 167% => OK
Auxiliary verbs: 15.0 7.85571142285 191% => OK
Conjunction : 13.0 10.4138276553 125% => OK
Relative clauses : 8.0 7.30460921844 110% => OK
Pronoun: 19.0 24.0651302605 79% => OK
Preposition: 45.0 41.998997996 107% => OK
Nominalization: 10.0 8.3376753507 120% => OK
Performance on vocabulary words:
No of characters: 1853.0 1615.20841683 115% => OK
No of words: 370.0 315.596192385 117% => OK
Chars per words: 5.00810810811 5.12529762239 98% => OK
Fourth root words length: 4.38581623665 4.20363070211 104% => OK
Word Length SD: 2.6389355824 2.80592935109 94% => OK
Unique words: 203.0 176.041082164 115% => OK
Unique words percentage: 0.548648648649 0.561755894193 98% => OK
syllable_count: 588.6 506.74238477 116% => OK
avg_syllables_per_word: 1.6 1.60771543086 100% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 3.0 5.43587174349 55% => OK
Article: 2.0 2.52805611222 79% => OK
Subordination: 2.0 2.10420841683 95% => OK
Conjunction: 1.0 0.809619238477 124% => OK
Preposition: 5.0 4.76152304609 105% => OK
Performance on sentences:
How many sentences: 19.0 16.0721442886 118% => OK
Sentence length: 19.0 20.2975951904 94% => OK
Sentence length SD: 39.768861272 49.4020404114 81% => OK
Chars per sentence: 97.5263157895 106.682146367 91% => OK
Words per sentence: 19.4736842105 20.7667163134 94% => OK
Discourse Markers: 4.94736842105 7.06120827912 70% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 3.0 5.01903807615 60% => OK
Sentences with positive sentiment : 10.0 8.67935871743 115% => OK
Sentences with negative sentiment : 6.0 3.9879759519 150% => OK
Sentences with neutral sentiment: 3.0 3.4128256513 88% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.222512716032 0.244688304435 91% => OK
Sentence topic coherence: 0.0697080532311 0.084324248473 83% => OK
Sentence topic coherence SD: 0.0597170787061 0.0667982634062 89% => OK
Paragraph topic coherence: 0.135241621186 0.151304729494 89% => OK
Paragraph topic coherence SD: 0.0445768983202 0.056905535591 78% => OK
Essay readability:
automated_readability_index: 11.9 13.0946893788 91% => Automated_readability_index is low.
flesch_reading_ease: 52.19 50.2224549098 104% => OK
smog_index: 3.1 7.44779559118 42% => Smog_index is low.
flesch_kincaid_grade: 10.7 11.3001002004 95% => OK
coleman_liau_index: 11.78 12.4159519038 95% => OK
dale_chall_readability_score: 8.59 8.58950901804 100% => OK
difficult_words: 94.0 78.4519038076 120% => OK
linsear_write_formula: 12.0 9.78957915832 123% => OK
gunning_fog: 9.6 10.1190380762 95% => OK
text_standard: 12.0 10.7795591182 111% => OK
What are above readability scores?
---------------------
Rates: 78.6516853933 out of 100
Scores by essay e-grader: 7.0 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.