THE GAP BETWEEN RICH AND POOR

economic inequality

The growing disparity in economic conditions between the wealthy and the poor.

income inequality

The disparity in income levels among different groups, which can narrow, widen, or increase.

income disparities

Differences in income levels among various individuals or groups.

high levels of inequality

Significant gaps in wealth and resources among social classes.

basic needs

Essentials such as food and accommodation that individuals require to survive.

access to proper education

The ability to receive education that meets appropriate standards.

employment difficulties

Challenges faced when seeking good job opportunities.

lack of practical skills

Absence of hands-on skills and experience necessary for employment.

financial struggles

Facing economic hardship due to insufficient income or resources.

effective investing

Knowledge and strategies to wisely allocate money in various investment opportunities.

financial support

Monetary assistance provided to individuals in need.

financial education courses

Classes or workshops focused on teaching personal finance management.

money management skills

Abilities related to budgeting and financial planning for the future.

public awareness of financial education

The recognition among the community about the importance of learning financial literacy.

social problems

Issues that stem from economic disparity, leading to wider societal conflicts.

increase in poverty

A rise in the number of individuals or families living below the poverty line.

social riots

Public outbursts or violent demonstrations resulting from social tensions.

safety and stability threat

Risks posed to societal order due to economic issues and inequality.

survival at any cost

The willingness to take extreme actions, whether legal or illegal, to stay alive.

wealth redistribution laws

Legislation aimed at reallocating wealth from the affluent to the less fortunate.

progressive tax system

A tax structure where higher income earners pay a larger percentage compared to lower earners.