Production and Growth
The article by Newman is a short review of the economic report published by Oxfam International, a charity organization. The author indicates that it was found in the report that in 2017, the richest 1 percent of the world’s population increased its wealth by 82 percent, while the poorest people did not see any changes to their financial position. Besides, the previous year was associated with the substantial growth of the number of billionaires in the world, and another finding was that ninety percent of over two thousand billionaires in the world are males. The author of the article also provides the reasons that are thought to have caused such a drastic gap in the income of people in the world in how plagiarism checker works . Specifically, Newman indicates that tax avoidance, the impact of corporations on policies, the weak rights of workers, and the focus on cutting production costs are the factors that have contributed to inequality. Besides, these facts demonstrate that the gl...