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Sunday, April 14, 2013

An Overview of Income Inequality in the United States


A Brief Overview

Of Income Inequality

In the united States

I. Introduction

Income distribution has been vital issue in American society; to a greater extent and more reports show that the inconsistency of income has dramatically increased in the persist few decades, while the United States Western European Counterparts argon reportedly equal in terms of income distribution.1 When comparing the United States to European countries, America lags behind in terms of income discrepancy; Western Europe in the early 20th century consent developed their own comprehensive programs designed to tackle income contrast in the form of welfare and social tribute.2 Another analogy that one would make is that the United States welfare and social security programs are lacking development, hastily derived, and dependant on heterogeneous entities of authority.3 However, many factors such as attainment of education, race, gender, living attitude and even the federal governments economic policies play an important piece in this issue.

II. The History behind Income Inequality

For a few people, history surrounding income contrast in the United States dates back to when Queen Elizabeth was in causation in England.4 Queen Elizabeth initialized what was known as the Poor right in 1601.5 When this law was passed, every town or parish in the area was responsible for the needy.

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6 The law established three categories for those in need:

  1. Those who were unable to operate due to sickness or age,

  2. People who were unable to determine jobs,

  3. Those who can work but were reluctant to find a job.7

When the American Colonies came to exist, the governments there took a similar approach to share out the needy and unfortunate.8

However, beginning in the 18th century, the Industrial Revolution began to accelerate the trend of poverty and income inequality; fast increasing populations, accelerating...

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