Log #3

There are many solutions to solve wealth inequality. Education is considered as one of the reasons causing wealth inequality. However, it may be the long-termed way to narrow the rich-poor gap as well.

As we know, the rich-poor gap makes the rich have access to an elite education and use the skills they acquire to make themselves richer, while the poor lack access to the education and remain poor without proper resources. Therefore, enhancing the education level of the poor can help them get better jobs and life. Moreover, if the poor can gain quality education, there will be more brainpower to promote the economic development. They are no longer people who can only do things without professional skill, they are people who can learn from the work and try to improve the working process now instead.

From the information above, we know that a welfare on education is imperative to solve the income gap. We must re-build the education structure. However, we should remember that the same structure may not be suitable to every country. Take Taiwan for example, most people here are literacy, which means the government can have a further adjusted in the structure of education, whereas people in countries with higher rate of illiteracy should take different strategy.