Analytical Dive into the Factors that Contribute to Income Inequality - Free Essay Example

Sample details Pages: 2 Words: 584 Downloads: 9 Date added: 2019/07/01 Category Finance Essay Level High school Tags: Income Inequality Essay Did you like this example? Inequality has been a major issue across the world for centuries and has continued to puzzle economists with some reaching the conclusion that it is an inevitable by-product of a free market. Growing inequality in the last few decades has fueled various policy debates around possible solutions to this issue affecting millions of people. The Gini is a reliable measure of inequality developed by Italian statistician Corrado Gini and it ranges between both extremes represented by 0 and 1; with 0 being perfect equality and 1 being total inequality. Don’t waste time! Our writers will create an original "Analytical Dive into the Factors that Contribute to Income Inequality" essay for you Create order With a score of 0.41, the United States, for example, is considered to be moderately unequal compared to the rest of the world. Several factors are thought to cause inequality in a particular economy such as tax policies and public education; but this paper seeks to understand the correlation between income inequality and the average life expectancy of a population. The purpose of this research is to be able to identify policy directions that countries can take in order to reduce income inequality. Introduction All governments are faced with the challenge of distributing income in an equitable way; as a means to reduce inequality. Virtually every country has an issue with income disparity, with some being more adversely affected than others. Some have argued that inequality is not entirely bad as it increases welfare for most citizens, however, the consensus seems to be that less inequality is the ideal state of any economy. The question of income inequality is more than just a moral one with several studies pointing to economic benefits brought about by higher wages for working class people. The argument is that high wages for the low and middle class families has a positive effect on consumption and aggregate demand in an economy. There is a positive direct correlation between reduced inequality and GDP growth which and this gives governments all the more reason to find an optimal strategy for income redistribution. Progressive taxes, for example, ensure that wealthy individuals pay a hig her proportion of their income in taxes which means that less of the burden is placed on poor and working class families. Some have however cited the economic benefits of reducing taxes for the wealthy, arguing that it stimulates job growth by creating an enabling environment for business to thrive. Capital, they argue, is attracted by this low tax environment, which means employers are able to create more business opportunities and thus hire more people. A good example of this is the debate on minimum wage that has had some of the largest corporations facing criticism over their hiring practices. Some large corporations have even threatened to replace some of this labor using technology, claiming that higher wages are punitive to business. This paper, however, focuses on the relationship between age and inequality in an economy. The hypothesis makes the assumption that a higher life expectancy means less inequality for any given country holding all other factors constant. This allows for solutions around health, education and family planning, which could go a long way into reducing inequality for some of the worst hit countries. Literature review Most of the literature around the subject of inequality seeks to find the root causes and focuses mostly on the quantifiable economic components of the problem. Data The Gini coefficient is one of the key variables used for this research as well as factors affecting life expectancy data. The initial data set, as shown below, has been gotten from the CIA website which breaks down several countries income statistics.

Reasons Why Students Use the Internet for Education

THE REASONS OF UNIVERSITY STUDENT ON USING INTERNET FOR EDUCATION Dicky Urianto Halimawan  ¡V 03320030075 Industrial Engineering of Pelita Harapan University, Lippo Karawaci, Tangerang Abstract In the past few years, Indonesia has experienced the integration of the internet into society. This situation has created their presence in the market with taking us to the aim of this study that for know the reasons of university student on using internet for education. The data of benefits of using Internet for Education were collected and analyzed by using questioner comprised of 400 papers were collected and compared, it was performed by spreading the questionnaires to the two specific area at exact time in Pelita Harapan University,†¦show more content†¦Hardjito. M.Si, 2002), It consists of a set of 400 questioners, each of which contains one pages questioner, one black pen. The data collected representing fluctuation of answers about the benefits using internet for education. The questionnaires were arranged by multiple choices. The first question were only have two answers between  ¡Ã‚ §yes ¡Ã‚ ¨ or  ¡Ã‚ §no ¡Ã‚ ¨ in ever using internet for education or not . This question were to know whether people knew about the benefit of internet for education that became more popular in Indonesia lately. If this question were answered by  ¡Ã‚ §no ¡Ã‚ ¨, they couldn ¡Ã‚ ¦t answer the next question. The sampling of those who answered  ¡Ã‚ §no ¡Ã‚ ¨ would be taken if they picked one of the answers in second question because even they had never using internet, they never knew the advantage of using internet for education. Otherwise, they were assumed to be not valid. The second question had four choices that were particularly answering this research. The four choices were four majors activity student using internet. This were also able to compare all of it. If the respondents did not pick answer  ¡Ã‚ §Educational Browsing ¡Ã‚ ¨ from the choices in second question, their data were not taken to the sampling and also they could not answer the third question. The third question had three choices for the reason of using internet for educa tional need that answered in the second question. They were  ¡Ã‚ §Low price ¡Ã‚ ¨,Show MoreRelatedHow Does Internet Affects Student Study Habits738 Words   |  3 Pagesdoes the internet affects the study habits of students. Introduction In todays era internet are just around the corner. Almost all people have internet connections through the use of their mobile phones, tablets and laptops whether they are kids, teens or adult. Before, people use snail mail to send letters to others but today it’s just a one click away from the internet. For educational purposes, others usually go to the library to search for something. But, today internet has many uses. 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Words of Encouragement Free Essays

Patrick Draughn Words of Encouragment From the outgoing class of 2012 to the incoming class of 2013 we would like to say congratulations to you all, you made it. It has been a long and the finish line is gradually approaching. This upcoming year will be the best and worst time s of your high school experience. We will write a custom essay sample on Words of Encouragement or any similar topic only for you Order Now There will be times when you can’t wait to get to school to show off your new outfit or to attend homecoming week. There will also be times where school is just not where you want to be today and your body will go but your mind stays at home. These times will come and these times will go but the one thing you must remember is not to forget why you come to school. Do not forget why you are attending high school. Don’t forget about the test on Monday because you were out with your friends this weekend and didn’t feel like studying. Don’t forget about the paper due next week because you were too busy deciding what to get Brittany or bobby something for their birthday. Don’t be late to class because you couldn’t decide what to wear with your fresh outfit or what accessories will match your dress. No this is not the time to slack off now is not the time to conduct the infamous virus known as senioritis. Now is the time to focus on your studies, guide your way through the path to graduation, and if you decide start figuring out what college you would like to attend if you haven’t decided already. To the prospective college students now is definitely not the time to get behind on your studies but to get a study plan started. Trust me it will be a necessity. I know there will be times where you feel like giving up and wanting to quit. I’ve been there, I’ve been up all night typing papers and having to get up at the crack of dawn the next morning for class. I’ve been beaten up in practice and having to come home to chores, siblings, and homework. I had the job where you had to work on weekends and homework was due Mondays instead of Wednesdays. I never said the road to graduation was easy but I promise it will be worth it, and after that road ends many more roads will begin to form. It’s always wise to plan your next destination and whether it may be college, military, workforce, or etc. make sure you’re making the right decision for yourself and no one else. You have control of your own destiny. I remember my senior year I was commander of the entire ROTC at my high school, captain of two sports teams, and I also had a job. Although there were times when giving up felt like the easiest thing to do I had to sit back and think was it the RIGHT thing to do. I received many rewards; honor roll, medals, even a state championship ring so it’s say to say I have accomplished many things throughout my high school experience but my biggest achievement was walking across that stage looking my principal in his face and shaking his hand while he gave me my diploma. I knew that I was finally finished everything was complete. I remember sitting down with my grandmother who is is a big influence on my life. We sat down and talked about college she told me how no one in our family has ever been to college and if I decided to go id be the very first. That was more than enough motivation for me to choose the right path for me so hopefully the right path for you students will be easy as well. In choosing your path I want you to remember one thing that my grandmother always told me. My grandmother was a very wise woman and although we had many conversations I never remember them all but I do remember that specific conversation over the rest because she told me something that has been engraved in my mind ever since that night. She said people can take a lot of things from you money, cars, clothes, homes, even your life; but there’s one thing no one will never be able to take from you and that’s your education. So to the upcoming senior class of 2013 I say good luck congratulations and may your road or path guide you to your destiny. How to cite Words of Encouragement, Papers