Free Essays on Income to Get Inspired & Learn by Example

Health Population and Child Development

Various studies are being made to address various needs of individuals. Some choose to fight for equality while some for human rights. One of the most famous studies that is being done in rich countries involves the effect of income inequality in different aspects of human life (Mackenbach, 2002).
In 1992, the British Medical Journal (BMJ) published a report that showed that among the nine industrialized Western countries, there exist a strong negative correlation between inequality and life expectancy which translates less income to higher life expectancy. After their first release few more studies and reports followed discussing conventional Continue reading...

Sommeiller and Price states that “due to great recession, all levels of income growth get dropped and uneven, however recovery took stand in the year 2009” Moreover, the statistics of year 2012 indicates that there were large gaps embracing on inequality in New York and Connecticut (3).
United States is facing significant inequality in the last few decades, and there is no statistics to reverse it back. There was a vast tendency of uneven income disparity in the year of 1979 to 2007. According to the study of economists, out of total income, 95 percent of the income was Continue reading...

The tax is a form of government levy charged on individual and other entities’ wealth, property, and income. In most cases, individuals and other entities such as companies and financial organization pay a certain amount of their revenues or on their wealth or consumption to the government. The governments of the United States, and of course other nations gain revenues a wide variety of ways, (Gruber, 2013, p.524) and the tax is an enormous part of the income. There are various ways in which the government can use to collect taxes from the public. Such taxes include individual payroll Continue reading...

Are the rich getting richer and the poor getting poorer still today?

Introduction
At the onset of globalization, free trade, multiculturalism, and liberal market fundamentals, one cannot help but assume that each and every economy is doing better than before. It leads us to believe that with the growing mobility, aided by advanced skills and technology transfer, and other empowering instruments of a global village, people should be richer or well off. However, this is not often the case. Poor people like the Africans still need foreign aid up until now. Developing countries remain developing. In the micro economic level, one may say that the rich people still become richer while Continue reading...

Introduction

It has been long argued that national health is influenced by income and education, mostly because more educated people are able to better understand and use health information and generally have higher-paid positions in the job market, which allows them for more nutritional diet and more diverse leisure. Another argument is that people with higher income are generally less inclined towards bad habits, such as smoking, alcoholism, drug abuse and lack of physical activities. Economists, social care and health care workers have widely researched the correlation between an individual’s income and health condition, sampling single individuals, families, communities Continue reading...

The economic growth of a country is extremely crucial for its overall development. Most countries often gear their policies to achieve this target with the hope that such growth would bring their citizens out of poverty. However, growth need not necessarily be the sole objective of economic policy since economic growth can be lopsided and uneven, thus depriving large sections of the population of the benefits of growth. Therefore, most economic policy makers also take into account factors such as income distribution and poverty. However, there are varied debates over the method of measuring poverty as well since every Continue reading...

Introduction

In this paper we will show the basic concepts of statistics and probability theory related to a real world problem. The problem we investigate is about remittance payments. It is known that Remittance is a payment document for international payments and international remittances in foreign currency check, bill of exchange, and so on. Recently, more and more widely used to refer to it international money flows, and various categories of labor and economic migrants, when the last regular part of the money sent home. According to World Bank estimates, in 2006 these remittances amounted to 250-300 billion US dollars; Continue reading...

Summary description of problems in development economics in low-income country

Reference of the review to the relevant literature
B. Ideas that lays the basis for the problems in development economics in low-income countries
Problem of Unemployment
Problem of poor health and education
Problem of inadequate infrastructure
Problem of fair trade and imposed taxes
Problem of slow integration into the global economy
N/b substantiation of the ideas with data and the writings of other authors
C. Conclusion

What the government needs to do to mitigate the problems that face low-income countries in terms of economic development.

Steps that NGO interested in helping the low-income countries to improve their income
Introduction
There are three groups of economies namely high income, middle income and low income. High-income economies are associated with Continue reading...

Problem Statement

Children from the poor background are associated with a high cost from society in order to cater for their health, education resources among other essential needs. Therefore, the more the child is poor, the more government is strained to apply for the economic aid in order to cover the gap between the poor and the rich child. Poor children also have low chances of succeeding in the academic arena, and this pushes them to minimal chances of acquiring sustainable employment. Such children are also likely to have prolonged life in the colleges and university subsequent to various challenges facing Continue reading...

Do elites benefit from democracy and foreign aid in developing countries?

The topic the article discusses is whether political elites benefit from democracy and foreign aid comparing to the rest of population in world. The author makes the following conclusion that the final results of his research conducted provide robust support for the hypothesis by making it clear that democracy and foreign aid is indeed has an impact on total income of elite in many developing countries, yet not specifically in autocracies. It is widely believed that in recipient countries most of beneficial effects of foreign aid are removed by political elites. According to statistic on total income which came Continue reading...