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The world we live in is a cruel and unfair place where not everyone
gets what they desire, even if they do everything humanly possible to
achieve it. What would you call this phenomenon? I call it life.
Every now and then you hear someone saying “All humans were
created equally”; if that is the case; then, how come there are masters
and servants, rich and poor, normal and abnormal: words used to
describe extreme opposites of what lies in the human population; the
same human population that is falsely the epitome of equality.
A person born into an opulent household gets the best education that
is to be offered, graduates from an exquisite institution and then starts
earning for a family that is already well-off. On the other hand,
struggling parents bear a child and spend every ounce they have to
make sure their offspring gets a good primary education. These
parents hope that their child will free them from poverty when he gets
a job. However, what he earns is barely enough to keep himself stable
which makes every dream the parents ever had about escaping their
futile condition void. In conclusion, while the rich keep on getting
richer, the poor are unable to crawl their way out of a life that is barely
worth living. This is an example of a phenomenon known as “wealth
concentration”. As the rich have enough money to invest in different
sectors of economy, they are able to generate more income through
advised investments which leads to an increase in net worth. The poor
do not have funds for any investment; so, they are not able to
improve their living standard as much as the rich can. This leads to
increase in the wealth gap between the richest and the poorest and
thus, it supports economic imbalance and paves way for greater
inequality.