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There is a long-term debate going on among researchers and economic experts, regarding the decades-old statement. The saying that the rich are getting richer has a new context, during the global economic crisis. Normal trading and insecure markets make it harder to grow one's estate, and many people have lost huge amounts of money because of the change in value of their assets. However, poor are getting more held in developed countries than before, and some people suggest that in the USA, millions of people, considered "poor" before are getting richer. We will examine some of the tendencies in the economy below.
What Is Happening to The Rich?
Rich are taking advantage of the current economic climate, as they still have reserves and assets. Most of them will buy cheap assets decreased by value during the turmoil and will wait until the prices go up. They already know how to take advantage of low wages and prices, therefore, saving money on workforce, property and other expenses will allow them to become richer. The majority of the Rich's assets are continuous income, growing, not depending on the economy. The Rich have already built up the "machine" to make more money, and it works in every economic environment.
The Poor and the Median
People are no longer measured the same way they were decades ago. Many of the so-called poor have managed to break through, thanks to the better education and support systems developed in developed countries. However, there are some areas in the world, where poverty is still a problem, and if we look at the countries within the former Soviet Block, there is still a huge difference between income levels of the rich and poor. The effect is created by the lack of money to create a social net for those less fortunate and the high unemployment rate. In more traditional societies, like in India and Africa, these differences are commonly accepted.
Ways to Get Rich
There are much more ways to get rich today than there were in the previous century. One can simply start their own business, and governments support people with an idea and own initiative. Some say that nobody gets really rich by working for someone, and many people have realized this. Developed countries are full of people who start property development or consulting businesses while working full-time to supplement their income. Some get rich through fame, some invent new software, but the opportunities are open to almost everyone.
Entrepreneurship
There are many people with an entrepreneurial mindset, thanks to the publications like "Think and Grow Rich" and "Rich Dad". Although a huge number of individuals try this option, only a few succeed. The mindset is the key to getting rich, which involves setting one's own goals and taking responsibility for their own actions. People, who do not like responsibility or changes will prefer staying an employee for a fixed but guaranteed income. People can only get rich if they take the risk and find the way that suits their personality. The number of self-made millionaires grows every year, with the real estate, software development and entertainment industries being on the top of the list.
Laura F Wolf is an experienced internet marketer with a passion for teaching. She loves sharing her experiences and affiliate marketing tactics. Publishing articles on list-building, article marketing and SEO. Author of successful e-books, sales letters, capture pages and proud member of EzineArticles.com.
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