Tuesday, 30 July 2013

Status & Wealth

In the year 1990, China was a poor country. The unemployment rate was high and many people search for jobs regardless of its pay and nature of the work. In 2013, China becomes a rich, strong and modern country. Their economy has increased and has higher technology. Employment is regarded not merely as a means by which citizens can earn a living but equally importantly as a guarantee of social stability and control. Despite rapid development and severe fluctuations in the labour market, China's unemployment rate has remained suspiciously stable. As people wealth increase, their status also increased and quality of living also increases. In China, people with more money are higher status and the poor must respect them and give them priority first. This is a common practice in China where the rich are powerful and the poor are weak. As this continues, corruption also increase in the country.

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