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1- Income Inequality, Poverty, and Discrimination affect the economy. Discuss their impact and what should be...

1- Income Inequality, Poverty, and Discrimination affect the economy. Discuss their impact and what should be done by the government - if anything.

2- Also, remember that when discussing the economy - efficiency must be addressed.

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Answer #1

Inequality and discrimination of any kind should not be allowed into today's society because of modernization and globalization.It affects economy by restricting growth.This is because if foreign investments are not allowed,then the economy is being restricted.Also,if opportunities are not offered to everyone,the gap between the rich and the poor will increase hence lowering the living standards.The government should not discriminate anyone despite heir race or origin just like how Trump's government is intending to do.There should be equality and similar opportunities given to anyone who wishes to invest.This will help in the economic growth and the gap between the rich and he poor will be reduced just as Clinton is planning to do.

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