Title: Causes of Income Inequality in the United States | Stocks and Coffee
Headings: Causes of Income Inequality in the United States
Causes of Income Inequality in the United States
Income Inequality Causes
Globalization
Technology
US Government and Monetary Policies
Final Thoughts

Content: The availability of cheap outsourced labor (globalization), technology distorting the skills that are in demand, and US government policies. All three of these explanations are culprits for the increasing gap between the rich and the poor. In this article, I will breakdown each one of these factors and expand on why they’re helping to fuel the income inequality crisis. Globalization
Globalization is the expansion of goods, information, jobs, and technology around the globe. It has both its positives and negatives. It helps developing countries by increasing their access to products and services. It also helps underdeveloped countries modernize and gain better job opportunities. On the flipside, globalization can remove job opportunities in developed countries like the United States. This is because US companies can outsource their labor to other countries and pay much less in wages. If all the production moves out of the United States, the job opportunities will go along with it.