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They may face threat of unemployment, or their average salary are dropping. Gradually, they can only live a way the lower classes live: e.g. take buses instead of driving their own car, cut their budget for meals instead of dining at better restaurants, spend less in consumer goods...
There may be still remarkable progress in economic development, the GNP may still rise, there may still be economic growth, and the national average salary may still rise. However, the wealth increase in this growth may concentrate in the pockets of the very few rich people in the society. The masses indeed cannot benefit from the growth, and their living standard is on the decline...
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Common topics in this essay:
- Everythings an Argument Ch. 6
- Les Miserable &Amp; Chinese
- The Miserable Mill
- lower management
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- Lower the Drinking Age
- The Economic Rise of China
- Economic Factors have been of dominant concern in Australian Foreign Policy decisions over the past 25 years
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- Lower The Drinking Age To 19
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