is there should be any equalty in right to stidies for the kids who is poor or rich pls justify
Answers
Answer:
Inequality is bad and getting worse. In the 1980s, the richest
10% of the population in OECD countries earned 7 times more than
the poorest 10%. They now earn nearly ten times more. When you
include property and other forms of wealth, the situation is even
worse: in 2012, the richest 10% controlled half of all total household
wealth and the wealthiest 1% held 18%, compared to only 3% for the
poorest 40%.
The poorest members of society suffer immediately from
inequality, but in the longer term, the whole economy is also
damaged. OECD figures show that the rise in inequality observed
between 1985 and 2005 in 19 OECD countries knocked 4.7 percentage
points off cumulative growth between 1990 and 2010.
To reduce inequality, we have to promote inclusive growth.
Create economies where every citizen, regardless of income, wealth,
gender, race or origin is empowered to succeed. Our approach to
doing this rests on four main pillars.