Wealth distribution in the PRC Essay Example | Topics and Well Written Essays - 1500 words

Wealth distribution in the PRC - Essay Example This meant that there was no competition in the production process. Government ownership of land also led to inefficient production which led to waste of resources. The last one is the economic collapse of 1970s and 1980s which caused economic decline that previously acted as a way of distributing wealth. Unequal wealth distribution is the situation where the gap between the rich and the poor is reasonably large. The World Bank defines poverty as spending less than one dollar per day. This is a situation which is common with most people who are affected by unequal wealth distribution. In china, unequal wealth distribution has caused a number of negative factors in education, housing, transportation, employment, and human rights (Wang 43). Unequal wealth distribution means that the children of the poor parents cannot get a decent education. They thus turn to government school which are often crowded. In these schools, the government is not able to supply enough classes, teachers, and other infrastructure that are needed for a good learning environment. Public schools are also associated with adverse ratios all facilities which mean the children will not get the necessary skills needed to compete in the world. Therefore, the child will end up failing examinations and thus not proceed to the next level of education. At the end of the day, the child is left without education and thus end up poor as his or her parents. Lack of education will then drive the child to do other ill activities such as crime and drug abuse (Gollier 19). The poor are often said to be living in informal settlement in most countries of the world. This is because they cannot afford the necessary material to put up a decent house. They also have no land where they can practice farming and put a decent house. They thus migrate to the urban centres to search for informal jobs. In urban centres, a decent house is very expensive which the poor cannot afford (Zhong et al 25). They