Economic Issues Essay Example | Topics and Well Written Essays - 500 words - 1

Economic Issues - Essay Example These cities such as Stoke-on-Trent which was once booming with business and investors are now struggling to even keep majority of their industries open as the investors have moved to London and so has the population (Sindreu & Douglas). The situation in the UK is not very different with what has been happening in the rest of the world with big cities taking over all the business for the smaller cities and masking the economic problems being witnessed in the countries. Investors move into the large cities and camp there forgetting that there are other cities that need the investment more. The population of the nation also moves from their struggling cities and seek employment in these cities. All the elite camp in these cities and continue to build up the already booming economy. This is however really wrong as only one or a few cities in the country cannot totally be taking over the business from the rest of the cities making other loose employment through closing industries while the large cities are overflowing with them. The booming economy in large cities and the influx of people to these cities only lead to increase in inequality. Those in these cities are overly paid and enjoy the security of employment while the rest of the people struggle to even put food on their table at all times. The situation can be equated to the rich becoming richer while the poor continue to wallow in poverty. With the large cities having control over everything in the nation, the rest of the cities have to rely on them to survive. People are forced to go shop in London, New York, San Francisco or Washington as they are the ones with the resources and supply of materials. The little resources remaining in these other cities are therefore continuously being taken to the lack cities widening the economic gap even wider (DePillis & Guo). The government should come in and try and create some balance within all its cities in the nation. It cannot put all its eggs in one basket by