wealth

Examples of wealth in the following topics:

• Distribution of Wealth and Income

  • The distribution of wealth and income reveals inequalities among and within countries and the ways in which wealth is redistributed.
  • The distribution of wealth is a comparison of the wealth of various members or groups in a society.
  • One commonly used method is to compare the wealth of the richest ten percent with the wealth of the poorest ten percent.
  • One form of wealth is land or real estate.
  • Motivations for such limitations on wealth include the desire for equality of opportunity, a fear that great wealth leads to political corruption, the belief that limiting wealth will gain the political favor of a voting bloc, or fear that extreme concentration of wealth results in rebellion.

• Wealth

  • One way that many wealthy individuals increase their wealth is by investing in the stock market.
  • While income is often seen as a type of wealth in colloquial language use, wealth and income are two substantially different measures of economic prosperity.
  • Assets are known as the raw materials of wealth, and they consist primarily of stocks and other financial and non-financial property, particularly home ownership, that allows individuals to increase their wealth.
  • Home ownership is one of the main sources of wealth among families in the United States.
  • For example, just 400 Americans have the same wealth as half of all Americans combined.

• Social Correlates of Religion

  • There are correlations between the degree of religious belief in society and social factors like mortality rates, wealth and happiness.
  • Keister found that Jewish and Episcopalian adherents attained the most wealth.
  • Believers of Catholicism and mainline Protestants were in the middle, and conservative Protestants accumulated the least wealth.
  • The researcher suggests that wealth accumulation is shaped by family processes.
  • Another study by Keister found that "religion affects wealth indirectly through educational attainment, fertility and female labor force participation. " The study also found evidence of direct effects of religion on wealth attainment.

• The Upper Class

  • The American upper class is the highest socioeconomic bracket in the social hierarchy and is defined by its members' great wealth and power.
  • This social class is most commonly described as those with great wealth and power, and may also be referred to as the capitalist class, or simply as "the rich. " People in this class commonly have immense influence in the nation's political and economic institutions as well as in the media.
  • Some prominent and high-rung professionals may also be included if they attain great influence and wealth.
  • The rich constitute roughly 5% of U.S. households and their wealth is largely in the form of home equity.
  • The super-rich, according to Beeghley, are those able to live off their wealth without depending on occupation-derived income.

• The Benefits of Socialism

  • Wealth redistribution can occur through targeted, progressive taxation and welfare policies such as free/subsidized education and access to housing.
  • Redistribution of wealth, through tax and spending policies that aim to reduce economic inequalities.
  • Social democracies typically employ various forms of progressive taxation regarding wage and business income, wealth, inheritance, capital gains and property.
  • In theory, based on public benefits, socialism has the greatest goal of common wealth;
  • Socialism reduces disparity in wealth, not only in different areas, but also in all societal ranks and classes.

• The Slope of the Aggregate Demand Curve

  • Due to Pigou's Wealth Effect, the Keynes' Interest Rate Effect, and the Mundell-Fleming Exchange Rate Effect, the AD curve slopes downward.
  • As a result of Keynes' interest rate effect, Pigou's wealth effect, and the Mundell-Fleming exchange rate effect, the AD curve is downward sloping.
  • In the context of the above discussion on Keynes, Pigou's Wealth Effect underlines the fact that liquidity traps are not sustainable.
  • The simplest way to explain the Wealth Effect is that an increase in spending will denote an increase in wealth.
  • In other words, a decrease in employment and prices will eventually see higher purchasing power and an increase in spending, creating wealth.

• Growing Gap Between Rich and Poor

  • Economic inequality (also known as the gap between rich and poor) consists of disparities in the distribution of wealth and income.
  • Economic inequality (also known as the gap between rich and poor, income inequality, wealth disparity, or wealth and income differences) consists of disparities in the distribution of wealth (accumulated assets) and income.
  • The Gini coefficient is a statistical measure of the dispersal of wealth or income.
  • A Gini coefficient of one indicates that all of a group's wealth is held by one individual.
  • Wealth concentration in the hands of a few individuals or institutions;

• The Social Problem

  • New social problems emerged from industrialization, threatening to increase unemployment, poverty, and unequal distribution of wealth.
  • Progress and Poverty: An Inquiry into the Cause of Industrial Depressions and of Increase of Want with Increase of Wealth was written by Henry George in 1879 and is a treatise on the cyclical nature of an industrial economy and its remedies.
  • It seeks to explain why poverty exists, notwithstanding widespread advances in technology, even where there is a concentration of great wealth such as in cities.
  • In other words, the better the public services, the higher the rent is (as more people value that land).The tendency of speculators to increase the price of land faster than wealth can be produced to pay results in lowering the amount of wealth left over for labor to claim in wages, and finally leads to the collapse of enterprises at the margin, with a ripple effect that becomes a serious business depression entailing widespread unemployment, foreclosures, etc.
  • Henry George proposed a "single tax" that would be leveled on the rich and poor alike, with the excess money collected used to equalize wealth and level out society.

• Growing Global Inequality

  • There is a wide gap between the wealth of the world's richest countries and its poorest.
  • The Waltons are able to use their wealth to further increase their earnings and protect their position at the top of the economic hierarchy.
  • There is a vast gap between the wealth of the world's richest countries and its poorest, resulting in different access to resources and opportunities for each country's population.
  • Thus, there is a broader spectrum of incomes, with fewer people living at the extremes of wealth and poverty than in the past.
  • People who ascribe to the cultural belief that the rich are deserving of their wealth are unlikely to challenge economic inequality, so they thereby perpetuate it.

• Poverty

  • Poverty is the condition of not having access to material resources, income, or wealth.
  • Liberia has a substantially lower GNI PPP than the United States, meaning that the nation's wealth is much lower.
  • Poverty describes the state of not having access to material resources, wealth, or income.
  • Human Development Index (HDI) is a measure of how much of a nation's wealth is invested into local services such as education and infrastructure.
  • Countries with low HDI tend to be caught in a national cycle of poverty -- they have little wealth to invest, but the lack of investment perpetuates their poverty.