Causes of Income and Wealth Inequality Flashcards
What is the first cause of income and wealth inequality?
- One cause of income and wealth inequality is social class
What can social classes determine?
- Depending on what class you are in, you can determine where you are in society, whether you are rich or poor, your level of education, healthcare and lifestyle.
What is the benefits of being in a wealthier class?
- If you are in a wealthier class such as middle/upper class, this means you can have more opportunities.
- You have better healthcare as you can pay for private health and better education which can lead to a well-earned job.
What is the effects of being in a poorer social class?
- Meanwhile, if you are in the working-class, you are more likely to have worse health, worse education as your family may live in poorer catchment areas and you are more likely to stay in the poverty cycle.
What is the first example of social class?
- For example, a 2017 report from the Sutton Trust found that 15-year-olds from poorer families in Scotland were roughly 2-3 years behind in reading, maths and science when compared to people from better backgrounds.
What is the second example of social class?
- Another example is that UCAS figures released in August 2021 revealed that just 14.4% of 18-year-olds were accepted into UK universities from the poorest areas in Scotland, compared with 17.3% previously.
What is the analysis point of social class?
- This shows if you grow up in a better area, with many people in the middle/upper class, you are more likely to have a better chance at life and more likely to succeed than people from the poorest areas/social classes.
What is the counterargument for social class?
- However, not everyone from poorer social classes stays in the poverty cycle, showing that even though you might have grown up in a poor family in a poor social class, you can still get the same or more opportunities as a person in a wealthier class can.
What is the counter-example of social class?
- For example, Sir Jim Radcliffe, who is the former richest man in the UK was brought up in a council house in Manchester and is the son of a joiner and an office manager.
- He founded the chemical company INEOS in 1998 which makes profits of around £2 billion.
What is the analysis of the counter-example?
- This shows that although you might have a rough start in life, anyone from any social class can make it big if they try hard enough.
How does social class link to education?
- This links to education because evidence suggests that people from richer backgrounds and better social classes tend to do much better in school, as they have access to money to help their child, meanwhile poorer people have limited money.
What is the example to support this link?
- For example, research from the National Education Union in England and Wales found that children accessing free school meals (FSMs) were 28% less likely to leave school with 5 GCSE passes at A*-C than those not claiming FSMs in 2021.
What is another cause of income and wealth inequality?
- Education
How is education important in today’s society?
- Having a good education is important today, this means that you can get a good job, you can be well-educated on certain topics and have the freedom to do what you want to do in life.
What happens if you don’t stick in, in school?
- Statistics tend to show that you won’t have the freedom to do what you want in life as you won’t have the money to back it.
- This means you won’t be able to get a high-earning job to pay for what you want and need, or even get into university.
- This could result in going into poverty, and even in some cases crime.