The result of this was how the Northern capitalists led the South away from agriculture and economic dependence, and how they used their wealth to further grow the American industry. The captains of industry believed that the poor people were inferior to the rich people. The rich were superior because they had “wisdom, experience, and the ability to administer”. The duty of a rich person was to help out a poor person which was what was said in the Gospel of Wealth. The Gospel of Wealth is about how the rich person's responsibility is philanthropy.
The model is supposed to bring renewed prosperity to the United States but it brought more inequality and stripped safety net programs that actually helped most Americans. This lack of assistance means that struggling people are struggling even more and they have less money to spend and to put back into the economy. Since the creation of the Better Business Climate model, government spending on food stamps, unemployment insurance, and other social programs has been cut as
Poverty in 1920’s America was defined by making less than a certain amount of money each year, which was determined by the government (BBC). The masses were indifferent to the amount of people impoverished, proving the mindset of false prosperity. The preconceived notions that the U.S. economy would be unimpaired were soon disproved by the Great Depression. People who were impoverished were getting loans, and buying luxury items (Facts). This lifestyle of believing in the false prosperity and not realizing the problems during the 1920’s of America caused people to suffer more.
Another hit economically was that the price of cotton had dropped, which mean the crops that were salvageable had much less value than before putting the southern famers economic state even further damaged. The Farmers and some of their workers grew to strongly dislike and distrust the owners and corporations they did business with. The Populist Party had strong ambitions to overcome just gold coinage, but include with that the use of silver. The farmers found it unfair that there was no chance for them to improve their standings, with just the Democratic and Republican parties. In the late 1880’s, the Southern Farmers Alliance held a conference with the National Agricultural Wheel to unite the two groups into one.
Firstly, The East India Trading Company would buy materials at a low price while selling processed goods at a high price, thus increasing their profit margins. Furthermore, India’s economy and industries before they were colonized were ruined by Britain due to the fact that Britain forced them to import their goods from Britain and not buy their own goods from India. Industries such as the handmade cloth industry, clock-making, metal, and carpentry industries, fell because cloth was made of better quality for cheaper in Britain because of mass production. Another negative effect of British imperialism in India was famine. Farmers were encouraged by Britain to grow cash crops – however, many people could not afford the cost of the food resulting in starvation.
They payed with produce such as “hickory nuts, turnip greens, and other goods.” The Great Depression had affected the Cunningham family badly. For example, “Entailment was only a part of Mr. Cunningham’s vexations. The acres not entailed were mortgaged to the hilt, and the little cash he made went to interest. If he held his mouth right, Mr. Cunningham would get a WPA job, but his land would go to ruin if he left it, and he was willing to go hungry to keep his land and vote as he pleased.” (Lee 27 and 28) When Scout asks her father if they are as poor as the Cunninghams, Atticus replies with,”Not exactly. The Cunninghams are country folks, farmers, and the crash hit them the hardest.” (Lee 27) To clarify, since they were country folk and farmers they were affected badly by the Great Depression.
In the economic inequality article, the author talks about how people from poor backgrounds rarely ever turn out to become successful or having a good amount of money. In this quotation from Wuthering Heights, Nelly Dean is talking about how Heathcliff became rich.Just because your parents are a certain way does not mean you will be the exact same way and Heathcliff is a terrific example of this. Many people thought it would be impossible for Heathcliff to become a rich gentleman because he is a different race as well as from a poor background. Heathcliff proved the so called “statistic” about poor people being poor for life wrong. The economic article refers to rich people as “the wealthy” and poor people as “the bottom”.
These laws that have been created is beneficial to the rich. The ones responsible creating these policies are the ones who want the lower class to suffer to gain money. Peace is granted to the upper class because of the power they have ignoring the poor. The state needs wealthy allies to become powerful and richer which the laws that are created limit the poor having no access to
Welfare dependency was a social problem that start from 1997. After 1997, the CSSA cases are increasing in the few year. In 1998, Leung Kin Pong who is the social welfare department president at that time said “only lazy people would live on CSSA.” This quotations let the people who need to pay for tax and the people who get CSSA feel angry and have some conflict from in the society. Poverty, lower class and unemployment think can’t maintain their life so they need to get CSSA but they think government should not think they are the lazy people and the people who need to pay tax think the lazy people wasted their money for maintain a group of lazy people’s life. Also, we can see there are some description of “avoid people over relied or depended on the CSSA from the Social Welfare Department’s
The land reform meant land redistribution to peasants. The government provided peasants with land they had bought from feudal land lords in return of a loan to be paid over a 15 years period and at very low interest rates. This improved the status of the peasantry as it made it possible for peasants to be independent landowners and also abolished feudalism. However the reform was not all successful. The failure of the reform is that it could not give any or enough land to the majority of the peasants, thus creating landless laborers and a