Sample Essay

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Length: 758 words

This essay discusses classes and poverty within them. Schwartz-Nobel has speculated that the United States of America will lose around 130 billion of its productive capacity of the future each year. This is likely to occur if every 14.5 American child continues to suffer from poverty (Koppelman and Goodhart).

Schwartz-Nobel has speculated that the United States of America will lose around 130 billion of its productive capacity of the future each year. This is likely to occur if every 14.5 American child continues to suffer from poverty (Koppelman and Goodhart). It is quite sad to note that people are unable to recognize just how serious poverty is. The topic is still surrounded by many misunderstandings and myths and society very much still believes in them. The following report will study the issue of poverty which our society faces today and how the various classes within society are dealing with this problem.

Even though poverty exists in large numbers, what exactly is the root cause behind it? One of the primary causes of poverty is people not having adequate education. The education system which is currently in order in America denies poor students opportunities and access to be able to afford good quality education. Not having proper education leads to various problems and challenges for example not finding a good quality and high level paying job particularly when employment opportunities are on the downfall as it is due to the state of the economy.

Merchants have for a long time exploited the working class and the poor and have devised policies which would exploit them further and help them gain profit (Koppelman and Goodhart). Some of these practices include rent to own, blank price tags, pawnshops and even bait and switch. This form of exploitation and inequality makes it even harder for people belonging to the lower class to…

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