Why do the rich look down on the poor?

Why do the rich look down on the poor?
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1 Answer

Answer :

It’s just the way it is – and has always been.
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'Mixed economy' refers to - (1) the co-existence of heavy, small scale and cottage industries (2) the promotion of agriculture as well as cottage industries (3) the co-existence of rich as well as poor (4) the co-existence of public as well as private sector

Description : 'Mixed economy' refers to - (1) the co-existence of heavy, small scale and cottage industries (2) the promotion of agriculture as well as cottage industries (3) the co-existence of rich as well as poor (4) the co-existence of public as well as private sector

Last Answer : (4) the co-existence of public as well as private sector Explanation: Mixed economy is an economic system in which both the state and private sector direct the economy, reflecting characteristics of both market economies and planned economies.

Inflation redistributes income and wealth in favour of : (1) Pensioners (2) Poor (3) Middle class (4) Rich

Description : Inflation redistributes income and wealth in favour of : (1) Pensioners (2) Poor (3) Middle class (4) Rich

Last Answer : (4) Rich Explanation: A group of economists including Keynes is of the opinion that 'inflation, in one form or the other, is a factor which helps economic growth. Usually, it is argued that ... margin-al propensity to consume of the wage- earners because of their near-subsistence level of income.

A rising Per Capita Income will indicate a better welfare if it is accompanied by - (1) unchanged Income distribution overall. (2) changed Income distribution in favour of rich. (3) changed Income distribution in favour of poor. (4) changed Income disribution in favour of Industrial Labour.

Description : A rising Per Capita Income will indicate a better welfare if it is accompanied by - (1) unchanged Income distribution overall. (2) changed Income distribution in favour of rich. (3) changed Income distribution in favour of poor. (4) changed Income disribution in favour of Industrial Labour.

Last Answer : (3) changed Income distribution in favour of poor. Explanation: Per capita income has lately been viewed as a better determinant of economic development and welfare. However, high inequality can still ... no quarters deprived as after all, economic welfare is a part and parcel of social welfare.

Compared to the rich the poor save - (1) A larger part of their income (2) An equal part of their income (3) A smaller part of their income (4) All of their incomes

Description : Compared to the rich the poor save - (1) A larger part of their income (2) An equal part of their income (3) A smaller part of their income (4) All of their incomes

Last Answer : (3) A smaller part of their income Explanation: A "subsistence" or necessary level of consumption produces differences in consumption growth rates across income levels. This implies that poor ... necessities. Institutional and behavioral mechanism also leads to low levels of saving among the poor.

Mixed Economy means : (1) Promoting both agriculture and industries in the economy (2) Co-existence of public and private sectors (3) Co-existence of rich and poor (4) Co-existence of small and large industries

Description : Mixed Economy means : (1) Promoting both agriculture and industries in the economy (2) Co-existence of public and private sectors (3) Co-existence of rich and poor (4) Co-existence of small and large industries

Last Answer : (2) Co-existence of public and private sectors Explanation: A mixed economy is variously defined as an economic system consisting of a mixture of either markets and economic planning, public ... economies are mixed where the means of production are shared between the private and public sectors.

A tax is said to be regressive when its burden falls - (1) less heavily on the poor than on the rich (2) more heavily on the poor than on the rich (3) equally on the poor as on the rich (4) None of these

Description : A tax is said to be regressive when its burden falls - (1) less heavily on the poor than on the rich (2) more heavily on the poor than on the rich (3) equally on the poor as on the rich (4) None of these

Last Answer : (2) more heavily on the poor than on the rich Explanation: In terms of individual income and wealth, a regressive tax imposes a greater burden on the poor than on the rich. There is an inverse ... to reduce the tax burden of the well-todo, as they shift the burden disproportionately to the needy.

Alluvial soils vary in nature from sandy loam to clay. They are generally - a. poor in potash and rich in phosphorus b. poor in both potash and phosphorus c. rich in both potash and phosphorus d. rich in potash and poor in phosphorus

Description : Alluvial soils vary in nature from sandy loam to clay. They are generally - a. poor in potash and rich in phosphorus b. poor in both potash and phosphorus c. rich in both potash and phosphorus d. rich in potash and poor in phosphorus

Last Answer : d. rich in potash and poor in phosphorus

‘Mixed economy’ refers to (1) the co-existence of heavy, small scale and cottage industries (2) the promotion of agriculture as well as cottage industries (3) the co-existence of rich as well as poor (4) the co-existence of public as well as private sector

Description : ‘Mixed economy’ refers to (1) the co-existence of heavy, small scale and cottage industries (2) the promotion of agriculture as well as cottage industries (3) the co-existence of rich as well as poor (4) the co-existence of public as well as private sector

Last Answer : the co-existence of public as well as private sector

Compared to the rich the poor save (1) A larger part of their income (2) An equal part of their income (3) A smaller part of their income (4) All of their incomes

Description : Compared to the rich the poor save (1) A larger part of their income (2) An equal part of their income (3) A smaller part of their income (4) All of their incomes

Last Answer : A smaller part of their income

Inflation redistributes income and wealth in favour of : (1) Pensioners (2) Poor (3) Middle class(4) Rich

Description : Inflation redistributes income and wealth in favour of : (1) Pensioners (2) Poor (3) Middle class(4) Rich

Last Answer : Rich

Mixed Economy means : (1) Promoting both agriculture and industries in the economy (2) Co-existence of public and private sectors (3) Co-existence of rich and poor (4) Co-existence of small and large industries

Description : Mixed Economy means : (1) Promoting both agriculture and industries in the economy (2) Co-existence of public and private sectors (3) Co-existence of rich and poor (4) Co-existence of small and large industries 

Last Answer :  Co-existence of public and private sectors

A tax is said to be regressive when its burden falls (1) less heavily on the poor than on the rich (2) more heavily on the poor than on the rich (3) equally on the poor as on the rich (4) None of these

Description : A tax is said to be regressive when its burden falls (1) less heavily on the poor than on the rich (2) more heavily on the poor than on the rich (3) equally on the poor as on the rich (4) None of these

Last Answer : more heavily on the poor than on the rich

A rising Per Capita Income will indicate a better welfare if it is accompanied by (1) unchanged Income distribution overall. (2) changed Income distribution in favour of rich. (3) changed Income distribution in favour of poor. (4) changed Income disribution in favour of Industrial Labour.

Description : A rising Per Capita Income will indicate a better welfare if it is accompanied by (1) unchanged Income distribution overall. (2) changed Income distribution in favour of rich. (3) changed Income distribution in favour of poor. (4) changed Income disribution in favour of Industrial Labour. 

Last Answer : changed Income distribution in favour of poor. 

Where do you draw the line between being poor, middle class, rich, etc.?

Description : Where do you draw the line between being poor, middle class, rich, etc.?

Last Answer : Poor - too much month left at the end of your paycheck. Food insecurity is part of your life. Middle class - Able to pay rent or house payment, able to pay bills and take an occasional ... for retirement. Rich/wealthy - Annual income is well above level to maintain standard of living at retirement.

Why does a cheap money low interest economy once again favor the rich and penalize the poor and middle class?

Description : Why does a cheap money low interest economy once again favor the rich and penalize the poor and middle class?

Last Answer : The current real estate market here definately favors the rich, as new homes are not as plentiful, so there are bidding wars for available homes, which knock out the poor and middle class potential buyers from the purchase.

As the wealth gap widens between the rich and the poor. Why do companies and corporations seem not concerned that before long there will be very few people left that can actually afford their goods and services?

Description : As the wealth gap widens between the rich and the poor. Why do companies and corporations seem not concerned that before long there will be very few people left that can actually afford their goods and services?

Last Answer : answer:Short-term Because the people at the top know it's a pyramid scheme and already have their exit strategy in place once they are done looting everything. Long-term goods and services will ... access them it all comes toppling down. It's destined to fail eventually since resources are finite.

Is it better to steal from a rich person or a poor person?

Description : Is it better to steal from a rich person or a poor person?

Last Answer : answer:The difference is that stealing from poor people isn't newsworthy. Seriously. Take the last couple of weeks in my area: Big apartment fire puts 12 families out of house and home. Page whatever ... a servant's entrance - burns down his own kitchen with a BBQ grill, front fucking page news.

Why would giving money to the rich motivate them, but giving it to the poor make them lazy?

Description : Why would giving money to the rich motivate them, but giving it to the poor make them lazy?

Last Answer : answer:I think the idea is that the rich supposedly earn their money so we let them keep it, not giving it to them, to encourage them to make more. The poor are just getting an outright handout, making them lazy

Do we need rich people and poor people?

Description : Do we need rich people and poor people?

Last Answer : answer:It would impossible to NOT have rich and poor. We all have different abilities and talents, and for that matter, different mental abilities. You might be able to narrow the gap between rich and poor, but it could never close.

Is pointing out Republican rich-guy class warefare against the poor class warfare?

Description : Is pointing out Republican rich-guy class warefare against the poor class warfare?

Last Answer : answer:Everyone should read their Orwell. Whenever I hear right-wing claims of racism, it's usually an attempt to stop racism. The right is great at co-opting terms that have meaning in one ... warfare is justified by pulling out the class warfare card when people try to stop their actions.

If you know this story, does it sound like they want rich enough people to pay the same as the poor?

Description : If you know this story, does it sound like they want rich enough people to pay the same as the poor?

Last Answer : answer:I'm not really following the story but from the article you link to, I don't see how one could interpret this as anyone saying anything about the rich or poor at all. The only thing in ... least, anything in it where anyone has said anything about the rich or the poor. Am I missing something?

Will poor people always be poor and have less opportunities than rich people?

Description : Will poor people always be poor and have less opportunities than rich people?

Last Answer : answer:One could make the argument that poor people have far MORE opportunities to succeed. They start so much further down the economic ladder that they can take advantage of all sorts of paths to ... so the number open to them is somewhat smaller. It seems counter-intuitive, but it is logical.

Would the biggest shock be those who were dirt poor but became filthy rich, or those who were insanely wealthy and ended up below the poverty line?

Description : Would the biggest shock be those who were dirt poor but became filthy rich, or those who were insanely wealthy and ended up below the poverty line?

Last Answer : I think going from very poor to very wealthy. Maybe I’m wrong, but it just seems far less likely, realistically. On the other hand, a fortune seems relatively easy to lose.

What things do you think the rich wonder about the poor and vice versa?

Description : What things do you think the rich wonder about the poor and vice versa?

Last Answer : How you would find humor in being poor is beyond me.

With a gambling addiction, is it different for poor people than it is for the rich?

Description : With a gambling addiction, is it different for poor people than it is for the rich?

Last Answer : It comes down to disposable income doesn’t it? For the rich it’s an addiction where the money is secondary, wheras with the poor, the prospect of a big win in terms of cash fuels their chase.

Why is it that people tend to respect the rich rather than the poor?

Description : Why is it that people tend to respect the rich rather than the poor?

Last Answer : answer:Welcome to Fluther :) To many people, the rich seem to be an elite group of people. They often get special treatment. Many times, it seems the laws of the land are more lax for the wealthy. ... people ..are other rich people (and young adults). My answer is brief as I need to leave shortly.

Just where is the line between poor and rich?

Description : Just where is the line between poor and rich?

Last Answer : It’s all in the mind. (IMHO)

Should society really punish the rich or is it just sour grapes of the poor?

Description : Should society really punish the rich or is it just sour grapes of the poor?

Last Answer : IMO Tax wise, I think the rich punished plenty, it is that 50% of the wage earners who pay little or no income tax and many of them actually get money back. That I think is a pretty unfair ... pay little or no taxes are the ones who bitch the loudest about how crummy our government is. Go figure!

Do you believe the poor are that much better than the rich?

Description : Do you believe the poor are that much better than the rich?

Last Answer : answer:I personally think that the feeling of accomplishment and sense of satisfaction I get from a job well done is an endorphin for me. Those who do not work never get to experience that feeling. ... souls who try are ridiculed and bullied for their efforts, not to mention robbed of their reward.

Are your parents rich or poor?

Description : Are your parents rich or poor?

Last Answer : answer:I grew up “poor.” But everyone in the neighborhood thought we were rich. It’s not what you have that proves your “wealth” but how you use what is available. I would of had it no other way. Both my parents, without education and getting a very late start in life are retired and comfortable.

If the middle disapeared which end would you want to be on, the rich or the poor?

Description : If the middle disapeared which end would you want to be on, the rich or the poor?

Last Answer : i would be on the rich and i have never been ruthless. I would give most of my riches away to the poor.

Why is it that the poor hate the rich so much?

Description : Why is it that the poor hate the rich so much?

Last Answer : because the riches often intentionally or unintentionally rape the poor every single day. would you hate if you were asked to get raped everyday and your only choice is to enjoy it more?

According to Marx, the poor are more deviant than the rich...

Description : According to Marx, the poor are more deviant than the rich...

Last Answer : I’m curious about your source. Do you have a citation with which to support that attribution? Some context might help us respond.

There was a poor man sitting in a restaurant and a rich man came in. The poor man said that he could sing any song in the world if he was given a name. The rich man bet all the money in his wallet that he couldn't sing a song with Susan in it. The poor man went away rich and the rich man went away poor. What song did the poor man sing? -Riddles

Description : There was a poor man sitting in a restaurant and a rich man came in. The poor man said that he could sing any song in the world if he was given a name. The rich man bet all the money in his ... The poor man went away rich and the rich man went away poor. What song did the poor man sing? -Riddles

Last Answer : Happy birthday.

I am more powerful than god and more evil than the devil. I am what rich people want and what poor people have. I can never die. What am I? -Riddles

Description : I am more powerful than god and more evil than the devil. I am what rich people want and what poor people have. I can never die. What am I? -Riddles

Last Answer : I am nothing.

The poor have me and the rich need me. What am I? -Riddles

Description : The poor have me and the rich need me. What am I? -Riddles

Last Answer : Nothing.

Poor people have me. Rich people don't. But if you eat me, you will die. What am I? -Riddles

Description : Poor people have me. Rich people don't. But if you eat me, you will die. What am I? -Riddles

Last Answer : Nothing.

What do the rich need and poor would be helpless with? -Riddles

Description : What do the rich need and poor would be helpless with? -Riddles

Last Answer : Nothing.

Poor people have it, Rich people need it, If you eat me you'll die. What am I? -Riddles

Description : Poor people have it, Rich people need it, If you eat me you'll die. What am I? -Riddles

Last Answer : Nothing.

The rich people want me, the poor people have me, if you eat me you die. What am I? -Riddles

Description : The rich people want me, the poor people have me, if you eat me you die. What am I? -Riddles

Last Answer : Nothing.

What is something the poor have, the rich need and if you eat it you die? -Riddles

Description : What is something the poor have, the rich need and if you eat it you die? -Riddles

Last Answer : Nothing.

What do the rich need, and the poor have, and if you eat it you die ?? -Riddles

Description : What do the rich need, and the poor have, and if you eat it you die ?? -Riddles

Last Answer : Nothing.

Poor people have it. Rich people need it. If you eat it you die. What is it? -Riddles

Description : Poor people have it. Rich people need it. If you eat it you die. What is it? -Riddles

Last Answer : Nothing.

What a poor man has, a rich man wants and if you eat it you die? -Riddles

Description : What a poor man has, a rich man wants and if you eat it you die? -Riddles

Last Answer : Nothing.

It is greater than God and more evil than the devil. The poor have it, the rich need it and if you eat it you’ll die. What is it? -Riddles

Description : It is greater than God and more evil than the devil. The poor have it, the rich need it and if you eat it you’ll die. What is it? -Riddles

Last Answer : Nothing.

A rich man needs something? A poor man has something? If you eat something you will die. -Riddles

Description : A rich man needs something? A poor man has something? If you eat something you will die. -Riddles

Last Answer : nothing, because a rich man neeeds nothing, a poor man has nothing and if you eat nothing you'll die.

What does man love more than life Fear more than death or mortal strife What the poor have, the rich require, and what contented men desire, What the miser spends and the spendthrift saves And all men carry to their graves? -Riddles

Description : What does man love more than life Fear more than death or mortal strife What the poor have, the rich require, and what contented men desire, What the miser spends and the spendthrift saves And all men carry to their graves? -Riddles

Last Answer : Nothing.

What is Greater than God, worse than evil, the poor have it, the rich require it and if you eat it you die? -Riddles

Description : What is Greater than God, worse than evil, the poor have it, the rich require it and if you eat it you die? -Riddles

Last Answer : Nothing nothing is better than God nothing is worse than evil the poor have nothing the rich don't have nothing they have everything If you eat nothing you die

The rich want it,but the poor have it,god taks it,satin gives it? -Riddles

Description : The rich want it,but the poor have it,god taks it,satin gives it? -Riddles

Last Answer : nothing

What does man love more than life, Fear more than death or mortal strife, What the poor have, the rich require, And what contented men desire, What misers spend, and spendthrifts save, And all men carry to the grave? -Riddles

Description : What does man love more than life, Fear more than death or mortal strife, What the poor have, the rich require, And what contented men desire, What misers spend, and spendthrifts save, And all men carry to the grave? -Riddles

Last Answer : Nothing.