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Economic Disparity Infographics

The Economic Disparity Chart Reveals Divides Between Rich & Poor

— March 22, 2014 — Lifestyle
In a world with an ever-growing population and an ever-widening income gap, it's important to determine where exactly your country stands and the following economic disparity infographic reveals the great divide between the rich and poor in America.

Since 2009, a staggering 95% of of the income gains in the United States have gone to the top 1%, and 92% of Americans believe the "rich get richer." Americans have a rather interesting perception of the poor, with 65% believing the poor do work but don't gain enough income, while only 28% believe that poverty-stricken circumstances are beyond the poor's control.

American anthropologist and writer Margaret Mead said, "Never doubt that a small group of thoughtful, committed, citizens can change the world. Indeed, it is the only thing that ever has.” In a time where the nation should demonstrate unity, this great divide must be regulated if there is any sort of positive change on the horizon.
Trend Themes
1. Growing Income Gap - Disruptive innovation opportunities could include developing technology platforms or financial services that enable wealth redistribution and promote income equality.
2. Perception of Poverty - Opportunities for disruptive innovation may lie in creating campaigns or platforms that challenge negative perceptions of poverty and promote empathy and understanding among different socioeconomic groups.
3. Calls for Regulation - Disruptive innovation opportunities could arise in the development of policies, regulations, or advocacy efforts that address economic disparity and bridge the gap between the rich and poor.
Industry Implications
1. Financial Services - The financial services industry could explore new ways to promote wealth redistribution and inclusive financial practices to address the growing income gap.
2. Social Impact - The social impact industry could leverage innovative technology and advocacy initiatives to challenge negative perceptions of poverty and promote empathy and understanding.
3. Government and Policy - Government agencies and policy organizations may find opportunities for disruptive innovation in developing policies and regulations that aim to bridge the economic gap and regulate wealth distribution.
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