The Advantages Of Wealth

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however will face a much greater economic shock with the coming of a child and as a result will have to devote even more time to work, leaving the child to, in large part, rear itself. This difference in parenting techniques is said to have a large role in the eventual success or failure of the child later in life and therefore the wealthier child already has an advantage. This however, is just the tip of the iceberg as advantages go.
The addition of wealth to a family unit has further consequences for the families' children all the way through school and into the child's adult life where the family acts as a safety net. Starting with elementary and secondary education the ability of a family to choose schools for its offspring allows the parents to put an end to bad situations and prevent stagnation in randomly assigned classrooms. The poorer family on the other hand will not be able to afford this choice and instead will have to rely on Chance to see its children through the ...

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This means that he will enter the work force quickly and the same lack of reserve funds in the future will steal the freedom of job choice from him forever. His counterpart however will be able to take time and find something that fits him as well as allows for growth. If perchance they both should lose their jobs or a fiscal calamity should strike, one will be able to fall back on family for financial support, while the other can only expect encouragement. Thus the cycle of life draws to a close as this is the point at which either one of the subject would raise a family, and as shown it is unlikely that either has significantly altered his or her place on the socioeconomic ...

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