Current Observers Note That the Gap Between Rich and Poor

question 10

Essay

Current observers note that the gap between rich and poor is growing faster than at any time in our history. As this gap widens, what are the implications for an already diverse culture. Are minorities going to be able to have sufficient access to wealth to permit continued social cohesion? What policies might avert this crisis, and what are the potential breaking points in the social order as the gap widens?

---

Definitions:

Profit

The financial gain derived from the difference between the revenue earned from selling a good or service and the costs associated with its production and sale.

Marginal Revenue

The additional revenue that is gained from selling one more unit of a good or service.

Marginal Revenue

The additional income earned from the sale of one more unit of a product or service.

Cheese

A dairy product derived from milk that is produced in a wide range of flavors, textures, and forms by coagulating the milk protein casein.