Monday, May 6, 2019

Inequalities of wealth between the rich and the poor Essay

Inequalities of wealth in the midst of the rich and the poor - stress ExampleHaving read a lot of economic papers and business related news makes it heavy for myself to agree with the statement that globalization alone is the major cause of the continuously widening gap between those individuals who are up to(p) to earn excessively large amount of money as compared to those who barely earns an income to meet their daily needs. I believe that there will always be former(a) ways that could alter the people to fight poverty as well as survive the tight competition in the labor market. For instance, the United Nations Educational, Scientific and Cultural Organization (UNESCO) is promoting that the local government in each expanse should increase the share of public expenditure allocation in order to improve the quality of training system within the country. Basically, increasing the literacy rate of the local people empowers each one of them to be able to compete in the tight co mpetition in the global labor markets. In line with the shout out of good education in the development of a good career, most of the nurses in developing countries are taking the opportunity to work in developed countries where they could earn a better salary stipend in exchange for their services.Another example of creating new job opportunities is to boost the promotion of tourism. (Greene County, 2008) In general, encouraging much tourists to visit some of the countrys most prominent places as well as other relevant attraction sites could indirectly boost the countrys economy.

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