S. Of its stranglehold over manufacturing and forced it to readjust itself into a service oriented industry. As a result, education, training and specialization are more crucial than ever for the attainment of high paying jobs. This leaves the majority of Americans who do not have high educational or vocational training to have fewer opportunities for employment. Competitions from third world nations have stripped away many industries and jobs that are traditionally strong employers such as the automotive and steel industries. The result is that employees have had to take lower-paying jobs because they cannot readjust themselves for more complex positions required within the changing dynamics of globalization. From an economic perspective this is an inevitable process, and therefore the wealth gap grows because those with very strong education and specialization are able to take advantage of economic trends towards service oriented industries, while those who do not have such a background suffers. There are many additional contributions to the wealth inequality as well. From a political perspective, economic change and the conservatism of the past two decades have changed the spirit of government assistance for the poor. Welfare no longer exists as it did in the 1970s, and more funding is being diverted away from providing for the poor. As a result of government policies to provide greater independence and breaks for the average citizen, more and more funds are being steered away from helping the poor....
In a survey conducted of college students in 1990, 80% reported that making money was their first priority following graduation. As society becomes more influenced by materialistic culture, the perspective of helping the poor and solving social problems are de-emphasized. All three factors have contributed to the growing wealth inequality within the United States.Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
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