what do you understand by increasing gap between rich and poor
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Answer:
Wealth can, in itself, generate income, and so as wealth inequalities widen, they, in turn, fuel income inequalities. And as wealth is a source of investment, widening inequalities mean a growing gap between rich and poor in their abilities to take advantage of investment opportunities.
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Explanation:
The gap is an average of $299,000 per family. Thr few rich have 12 times more income than the many poor. It is not that there are poor families that makes this an unhealthy economy. The problem is the economy does not provide economic mobility to take poor people our of poverty.
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