Monday, September 4, 2023

is rich and poor gap increasing in Germany? what are the causes of growth weath gap in Germany?

 According to various sources, income and wealth inequality in Germany has been rising since the 1980s

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 The gap between the rich and poor in Germany is widening, and the poor are getting poorer while the rich are getting richer
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 The reasons for the growth of the wealth gap in Germany are complex and multifaceted. Some of the factors that have contributed to the rise in income inequality include changes in the tax system, changes in the household structure, and changes in other socio-economic characteristics
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 The income distribution in Germany is also affected by the offshoring of production to Eastern Europe by German firms since the beginning of the 1990s
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 The reunification of East and West Germany also contributed to the current geographical divide, where Eastern German manufacturing and social constructs lagged behind that of the West
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