Business path way Essay Example | Topics and Well Written Essays - 1500 words

Business path way - Essay Example Income inequality may either benefit an economy or derail the economic growth. The extent to which income inequality negatively affects the economic growth is debatable. This essay provides an elaborate argument about the degree in which income inequality may affect the economy. Overview This essay provides an overview of some of the ways in which income inequality may influence an economy. It contains several ideas regarding the degree in which income inequality may affect growth of an economy. It provides thorough analysis of possible positive effects of income inequality and the negative effects of income inequality on an economy. This essay covers an elaborate debate which clearly points out at risks that may be imposed on an economy due to income inequality. 2.0 Main Body: Effects Analysis Income inequality is instigated by supply and demand for labor caused by imperfect competition and uneven distribution of information. Income inequality may have different effects on economy. It may either drag or catapult growth of economy. The central theme of this analysis is to make an evaluation about the degree in which income inequality may negatively affect economic growth. 2.1 Positive Effects on Economic Growth High income inequality may be vital for economic growth. ... Excessive money in circulation may have extremely negative effect on the growth an economy due to inflation. Foreign trade may be very expensive especially when a country tries to import raw materials. Moreover, low income earners may tend to borrow money from financial institutions and this can be used as a tool for controlling money circulation (Castello-Climent 2010, 293-315). Additionally, there income inequality may result into wide gap between the rich and the poor. Wider gap between the rich and the poor can be very helpful in promoting competition and innovativeness. There is a high level of social stratification which prompts competition for status thus spurring growth of the economy due to hard work (Judis 2013, n.p). Also high income inequality may decrease efficiency because of low incentive to work. Because of income inequality, the rich will always get richer and save money for investment (Allen 1999, 143-150). Furthermore, high income earners may enjoy all the faciliti es such as the recreational facilities present in the country thus increasing revenue earned from these facilities. Happiness which is associated with high income contributes a lot in predicting the future behaviors such as productivity in the labor market and happier people also tend to be healthier and live longer (Shin 2012, 2049-2056). 2.2 Negative Effects on Economic Growth Nevertheless, income inequality has an adverse effect on the growth of an economy. Equal income inequality reduces the gap between the rich and the poor thus leading to distributive efficiency within a country. Distributive efficiency reduces marginal utility of resources and further lowers personal utility. An extra dollar consumed by a low income earner is automatically directed to necessities which are

Writting exercises Research Paper Example | Topics and Well Written Essays - 750 words

Writting exercises - Research Paper Example Perhaps this is a new way of saying that like poles attract but indeed, the male gender has a habit of concentrating more on movies that have been presented in the feminine form. Most masculine gender has been noted to take a keen interest in movies, be they in nudity, in clothes or half dressed as long as they represent the female roles and character. Recent developments have been made to the movie industry with the introduction of male actors in the female roles. Among such epics is the ` Law of Desire’ which is a representation of the much renounced representation of moral deterioration in the society. However, the shifting of the roles here is commendable as men go on stage to represent women in active roles. The epic is set in Madrid and has been integrated with a world of male passion deep and intriguing to internalize. Pablo is a homosexual movie director whose latest release is being celebrated. Having sent off his love Juan to the countryside so as to create some distance between them, he meets Antonio after the party and the two get acquainted. Antonio who is obsessed with Pablo soon moves in to fill the space Juan left. At the end of the party, the two leave together for the home and Antonio has the first experience of anal sex in his life. Antonio thus develops a deeper sense of attachment to Pablo which is unknown to him but begins to show. While Pablo does not recognize this love feeling by Antonio terming it as a lusty occurrence because he remains to be in love and attached to Juan, the other party, Antonio misunderstands him and shows his possessive attitude as a lover. Another scene is then presented of the sister to Pablo, Tina who has her own problems to deal with and is struggling with her niece Ada. Tina who was once a boy and has a sexual transformation to construct a sexual relationship with her father has her own issues to solve. The father has left her for another woman, which devastates her and she begins to hate all men such