Part 5/8:
The impacts of economic disparity extend even to the elderly, who often find their pensions insufficient to meet their basic needs. This issue is further compounded by demographic factors, as studies predict a significant rise in poverty among the aging population, particularly among women who historically have lower retirement savings due to part-time work.
The issue of wealth concentration exacerbates these existing problems. The top 10% of households control a staggering share of the country’s wealth, whereas the bottom 40% struggle to maintain financial stability. The disparity raises critical questions: Is wealth growing, or is it merely becoming concentrated in fewer hands?