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‘Strategies used to manage issues associated with economic inequality are usually unsuccessful. ’With reference to two contrasting urban areas that you have studied, how far do you agree with this statement?  £3.49
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‘Strategies used to manage issues associated with economic inequality are usually unsuccessful. ’With reference to two contrasting urban areas that you have studied, how far do you agree with this statement? 
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This pack contains two separate answers to the 2021 20-marker “‘Strategies used to manage issues associated with economic inequality are usually unsuccessful. ’With reference to two contrasting urban areas that you have studied, how far do you agree with this statement?” The pack contain...

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  • January 14, 2025
  • 3
  • 2024/2025
  • Essay
  • Unknown
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‘Strategies used to manage issues associated with economic inequality are usually
unsuccessful.’ With reference to two contrasting urban areas that you have studied,
how far do you agree with this statement?”
Economic inequality is a pressing issue that affects many cities worldwide. There are
various strategies that have been used to manage this issue, but their effectiveness
remains a topic of debate. This essay aims to evaluate the success of strategies used to
manage economic inequality in two contrasting urban areas, namely Mumbai and
London.
Mumbai is one of the largest and most populous cities in India. It has a population of over
12 million people, with a large percentage living in slums. The city is known for its
extreme levels of economic inequality, with many living in poverty while a few enjoy
immense wealth.
One strategy that has been used to manage economic inequality in Mumbai is the Slum
Rehabilitation Scheme (SRS). This scheme aims to improve the living conditions of those
living in slums by providing them with better housing. However, this strategy has been
largely unsuccessful due to various factors. Firstly, the SRS has been criticized for being
too expensive, with many developers taking advantage of the scheme to make profits.
Secondly, the scheme does not address the root cause of economic inequality, which is
the lack of job opportunities for the poor. As a result, many slum dwellers continue to live
in poverty, despite the implementation of the SRS.
London, on the other hand, is one of the most prosperous cities in the world. It has a
population of over 9 million people, with a relatively low percentage living in poverty.
However, the city still faces economic inequality issues, particularly in terms of housing
affordability.
One strategy that has been used to manage economic inequality in London is the
introduction of the London Living Wage (LLW). This wage is higher than the national
minimum wage and is designed to ensure that workers can afford to live in the city. The
LLW has been successful in reducing economic inequality by increasing the wages of
low-paid workers. As a result, workers can now afford to pay for basic necessities such
as housing, food, and clothing.
Overall, it is clear that strategies used to manage issues associated with economic
inequality can be successful or unsuccessful, depending on the approach taken. In the
case of Mumbai, the SRS has been largely unsuccessful due to its high cost and failure
to address the root cause of economic inequality. In contrast, the LLW in London has
been successful in reducing economic inequality by increasing wages for low-paid
workers.
However, it is worth noting that the success of strategies used to manage economic
inequality can vary depending on the context. For example, the LLW may not be as
effective in other cities where the cost of living is lower than in London. Similarly, the SRS
may be more effective in other cities where the cost of housing is lower than in Mumbai.
In conclusion, the success of strategies used to manage issues associated with
economic inequality depends on the approach taken and the context of the city in
question. While the SRS in Mumbai has been largely unsuccessful, the LLW in London
has been successful in reducing economic inequality. It is important for policymakers to
consider these factors when implementing strategies to manage economic inequality in
urban areas.
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