Today, many countries are suffering from a significant economic gap between layers of society. These problems translate into healthcare disparities, difference in educational level, and several mental issues, especially among poor individuals. This essay will explore the main problems related to this issue and how we can manage them.
To begin, economic inequality causes unequal access to educational facilities, as poor people may not have enough money to achieve higher education. This reason has a great impact on their quality of life and their mindset, as good education equals a thoughtful person. In addition to that, healthcare problems vary between wealthy and poor people, as poor people have lower access to health services and cannot afford the required medications. A 2023 study conducted by Harvard’s National Research Center concluded that when governments have invested in providing a good healthcare service, lower-income individuals’ lifespan would be longer by 35%.
Nevertheless, the government needs to implement comprehensive laws that provide a better life to lower-income people and reduce the crime rate, including a suitable tax system and free educational and health care systems. A 2023 study conducted by the American University in Cairo revealed that applying a suitable tax system where rich people pay a higher percentage improves the quality of life in many countries by 46%. Furthermore, nations ought to raise the minimum wages to cover the basic requirements for each person.
In conclusion, the gap between lower- and higher-income people is growing every day, leading to various problems in health and the education system. Governments ought to apply new rules to provide a better life and social equality between the layers of society.