The Consequences Of Income Inequality And Social Diversity

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Income difference among unequal societies is one of the major issues in today’s world and presently, this difference widens in fast rate. Indeed, money plays a key role in life of every individual, however it could negatively influence to aspects of human right. Inequalities in the distribution of wealth and income have increased gradually in United States over the last 40 years (Oishi et al. 2011, 1096). The general way of measuring income inequality is the Gini coefficient, which concludes the level of inequality in one number. According to Zagorski et al. (2013, 1105), income gap illustrates negative impacts on peoples’ overall subjective well-being and subjective financial quality of life. Consequently, the poor and rich division may lead to escalation of common problems, which ruin the social balance among people. This project will argue the outcomes of income inequality on social cohesion and discuss its some specific damaging consequences, such as violence crime, alcohol, drug and cigarette addiction and social mobility.
Rowlingson (2011) hypothesized that there is an independent connection between income gap and social issues, like criminal wrongdoings, intergenerational mobility and drug, cigarette and alcohol consumption. There are a considerable amount of people, who suffer from everlasting conflicts caused by financial differentiation around the world. According to statistics, size of impacts on social cohesion looks insignificant (Zagorski et al. 2013, 1089).

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