Quick Answer: Why Is It Better To Be Rich Than Poor?

Why the rich should help the poor?

Another important reasons why the rich should help the poor is it helps eradicate poverty to an absolute end.

This will help people become economically sound, socially responsible and medically fit.

The perfect combination of all three will lead to a clean environment and help control overpopulation..

Why is it better to be rich?

You pay lower taxes! The rich are smart people, they worked really hard for their money and they do not part with it that easily. They have entire systems set in place that prevent governments from taking as big of a cut as they do in case of lower income individuals.

Can you become rich if you are poor?

Being rich is more of a state of mind than a dollar amount. Truthfully, the rich can be poor and the poor can be rich. … You must also be able to enjoy your wealth. Some people put in a hundred hours per week with work but completely neglect their families in the process.

Is it better to grow up rich or poor?

The children of rich parents are healthier, better behaved, happier and better educated during their childhood, and wealthier when they have grown up than are children from poor families.” … This is not to say growing up rich will fix all your problems—but, in many ways, it certainly won’t hurt.

Do billionaires help the economy?

The findings support the intuitive sense that inventors and innovators who become billionaires tend to stimulate economic growth, while individuals who obtain wealth and often also monopoly power through political connections tend to hinder competition and hurt economic growth.

How can we help poor people?

Ways to Help the World’s PoorDonate. One of the quickest and most obvious ways to help the world’s poor is to donate to charity. … Call Congress. This way to help the world’s poor is surprisingly simple. … Inform Yourself. … Build Buzz/Raise Awareness. … Social Media. … Get Political. … Fundraising. … Be a Consumer with a Cause.More items…•