Inequality Of Income And Wealth In The United States

Words: 285

Pages: 2

James Raymond
There are multiple thoughts as to how globalization has influenced the inequality of income and wealth in the United States. First a general definition of income and wealth inequality is the uneven distribution of wealth to the top percentage of a populace in comparison to the rest of the population.
For example a CEO of a company earns a much higher percentage of company earnings than a secretary or maintenance worker.
One thought as to why this has happened is due to the fact that in the United States a large share of work is being done outside of the country by low-wage workers in Asia and other emerging economies. This causes a steep increase of profit of the company whilst not allowing low skilled american workers to take

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