Thursday, August 8, 2019
See instructions Research Paper Example | Topics and Well Written Essays - 750 words
See instructions - Research Paper Example With its fastly growing population rate and sprawling cities, economic disparity between the social classes is increasing. Moreover, the high population growth poses several other problems to development including poverty, living conditions, health, social progress, and most importantly economic progress. Although Brazil has always been ââ¬Å"bullishâ⬠about their population rise (Merrick, 1976), it is true that its population is constraining its economic development. Despite its high incomes and drop in unemployment rates, Brazil still struggles to keep economic inequality to a low level. Income inequality is high and these are reflected in the historical trends that show an unequal distribution of wealth and resources among the rich and the poor. There are much evidences to show that income inequality has detrimental impacts on the economic growth and development of a particular country. These factors go beyond the usual effect on poverty but relatively more important is that fact that it essentially curbs growth (Meier and Rauch, 2000). Although Brazilââ¬â¢s economy is apparently doing well with high incomes and a decline in the unemployment rates however these figures are not good determinants of its general well being (Baer, 2001). Historical figures of income distribution suggest that a high percentage of the income goes to the pockets of the rich while the poor only get a small share of the income. Coupled with the increasing population, economic disparity is increasing among the people. Moreover, the migration from rural to urban areas of Brazil has created severe health and sanitary problems. It is pleasing to see, though, that Brazil has made rapid progress since the Great Depression in the 1930s in terms of demographic transformation (Baer, 2001), to doing spectacularly well between 1968-73 during the Brazilian Miracle
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