Critics of the wealth gap might argue that
Answers
Critics of the wealth gap argue that - Wealth and power is a result of hard work and intervention of the government violates the right to freedom given in the constitution. Capitalists are the biggest drivers of economic activity and development because government is only focussed on social welfare. Many leading economists have strongly recommended that financial rewards are necessary for encouraging investment and capital formation.
Due to the enormous wealth gap between individual countries in the world, there has occurred many problems.
People have become slaves of money.
Some people run after money while some people think of ways to earn money.
Hence many problems have occurred in the field of economy.
It is difficult to drag a country to success because of the wealth gap too.
We must take actions to reduce this level in the world.