South Florida Incomes Essay Example | Topics and Well Written Essays - 250 words

South Florida Incomes - Essay ExampleIt is reported that the top 1% of the social strata receives as much as the bottom 57% (Income In equality 1). Economic reforms have been targeted to mitigate income inequality by the provision of aids to the poor, better job opportunities, and higher salaries. However, amidst the ardent effort of the government to check income inequality, their efforts remain futile as figures indicate that income inequality has worsened over time.Economists have long struggled to curb income inequality through various measures. In both(prenominal) cases, subsidies are given to the poor that adds up as additional income to them. Governments also pursue projects that aim to improve the livelihood of the poor like the provision of heighten to market roads for farmers. Some develop the quality of education that the poor receive in order for them to qualify for higher paying job opportunities. solace others mandate a compulsory rise in salary level.Amidst the eff ort of economists to promote income equality among citizens, there has been some debate regarding the relationship between income equality and economic progress.