Answer to Question #96512 in Economics for Emily

Question

What other “urban legends” exist about the poor and welfare? What research could be conducted to dispel these legends or prove them to be factual?

How would respond to the statement, “... Why should wealthy people who can afford to raise many children any food stamps for foster children? After all, they may claim the children on their tax returns and that should be sufficient..

Answer 1

The essence of social inequality lies in the unequal access of various categories of the population to socially significant goods, scarce resources, and liquid values. The essence of economic inequality is that a narrow layer of society owns most of the national wealth. Most incomes can be distributed differently.

For rich families, the attitude towards money is not the same as in poor families.

The family becomes rich only under the condition of rational use of the earned funds. In such families, not only money is kept records, but also the time spent on a certain type of work, including housework.