Won't the economy grow faster if we were all given equal opportunities?

[Fiasem20]

Opportunities are unequal because that’s how it’s meant to be,even our fingers aren’t equal right?Just like an instance of “big” and “small”,God didn’t create everything big,He also created small creatures,so in my own opinion everyone in the society can’t attain equal opportunities.The economy would only grow faster if the government establish productive initiatives where the citizens learn new skills that would stand as a mean of providing their basic needs,the idea of giving the masses a start up fund would be helpful to only those set of individuals that are productive,majority might lavish the fund and still expect the government to give a start up fund another time.

[Roseline492]

Opportunities are unequal because that’s how it’s meant to be,even our fingers aren’t equal right?Just like an instance of “big” and “small”,God didn’t create everything big,He also created small creatures,so in my own opinion everyone in the society can’t attain equal opportunities.The economy would only grow faster if the government establish productive initiatives where the citizens learn new skills that would stand as a mean of providing their basic needs,the idea of giving the masses a start up fund would be helpful to only those set of individuals that are productive,majority might lavish the fund and still expect the government to give a start up fund another time.

Hypothetically there would be balancing system if everybody has an equal means in a country because we would starts from those begging for food, those who are homeless and also the ones that doesn't have a job to do, they will all have it, so on that means there will not be any dependent because what one has is what everybody will have and that would increase and create an economy any country will not have because of how it will be growing but it will have effect of working because there will be no les privilege enough to do menial jobs but however all this things are not possible because inequality is a permanent state of life.

[Gost ms]

Only the government has a hand behind the development of a country, every citizen of that country has a hand. For example, if we talk about China or Japan, then we will see how fast they are developing. The reason behind this development is that the people of their country and the management of their government are much better than all other countries. The education system of my country is very bad. If our country's education system had been improved a lot earlier, then everyone would have easily been worried about their job position and would have considered how to take their country forward properly. But currently, many of us are not educated and the economy of our country is not very good. If our government had been able to take this approach long ago, then maybe we would have been able to be ahead like the developed world.

[Akbarkoe]

This simple question raises more questions: How much capital will each person receive?

• If it has to be the same, how many business ideas are there? A good business should have no competitors within a certain radius.
• If it's based on preferences, how does the government cover the costs of large-scale businesses? Raise taxes? Increase debt? Print money?
• Then, how do you find workers?

Even though everyone is given the same capital, given the same opportunities, I am very sure that not everyone will become a businessman, not everyone will become an investor, this has become a law of nature, so all these questions will be empty because it will not be possible, there is no answer to your question, friend.
The Op idea will not be accepted because it is very difficult to implement, especially your last question as a question that becomes a big question mark when everyone has the same opportunity.

[YOSHIE]

Won't the economy grow faster if we were all given equal opportunities?

Yes, theoretically, it can be said that economic growth tends to grow more quickly and quickly for society if given the same opportunities, this is called an inclusive characteristic such as labor, capital or human resource breakthroughs.

However, unfortunately human resource breakthroughs always have gaps between entrepreneurs, government and the relevant authorities or extreme balance and lack of social mobility towards society, that's what hinders economic growth in every country or globally in every country, we often see gaps that often occur whether it's a factor in looking at gender, ethnic, social, background, talent and so on, that is what makes equal opportunities not happen, indeed this world is destined to have rich and poor, even though natural resources are abundant in the area.

Many of us see areas where natural resources are dug up and taken, but the economy in the area never grows well, as the saying goes, the river crocodile just stands and watches, the crocodile comes in and gets lots of prey.

[Fiatless]

Hypothetically there would be balancing system if everybody has an equal means in a country because we would starts from those begging for food, those who are homeless and also the ones that doesn't have a job to do, they will all have it, so on that means there will not be any dependent because what one has is what everybody will have and that would increase and create an economy any country will not have because of how it will be growing but it will have effect of working because there will be no les privilege enough to do menial jobs but however all this things are not possible because inequality is a permanent state of life.

The world is structured to have the poor and the rich. Those who are fortunate to be rich worked hard, inherited wealth, or have connections. There will always be people who will work for the rich for the system to become balanced. The government's responsibility is not to make every citizen rich but to provide basic amenities that will help citizens maximize their potential. An example was Libya during the reign of Gaddafi. Every citizen enjoyed basic facilities but not everyone was rich.

[MarjorieZimmermanGinger]

This funds is what individuals will use to start up life, invest in any business of your choices and grow from there. Won't this help the economy of the country to grow faster, and reduce extreme poverty from the masses? Won't this possibly create more jobs? Won't this be better for the economy than stockpiling money in federal reserves?

This should save everyone, but are we sure everyone will be successful using this money if it's invested in business? As we know, business and investment don't always lead to financial freedom if not managed properly and many people fail in business because they lack business skills or even investment skills. In certain contexts, this might be a step towards job creation, but if not managed properly, there's concern that it won't have an impact on overall economic growth.

[Bluedrem]

I don't think equal opportunities can increase economic growth. Then most people will become lazy and will not want to work hard to earn money. Also, there will be no difference between rich and poor, so one person will not be dependent on another person. Yes, now you can say that it is good to not be dependent. But if you look deeply, you will see that if one person is not dependent on another person, then the entire social eco-system will be destroyed. Suppose you have grown crops on the land, now you will need people to harvest your crops, but if no one comes to do your work, then you will not be able to produce crops. That is why proper money management is more important than time distribution of money.

[aoluain]

Won't the economy grow faster if we were all given equal opportunities?

Theoretically, yes.

While its a nice and noble idea for everyone to have equal opportunities but over time the wealth
would flow to a smaller percentage of people as it has today.

Things are not equal though, education, location, taxation, connections and politics for example.
Some people are more adept at understanding trade, finance and economics than others and so
those people will advance quicker than others...and eventually there will be more wealthier
people than others.

[rat03gopoh]

I am very sure that not everyone will become a businessman,

Everyone only dreams of becoming a successful businessman, but most are worried about starting one.

During the pandemic 5yrs ago, my government disbursed a lot of financial assistance, including business capital. People did take advantage of it, and over 70% of it didn't reach its intended target. Let alone starting a business, they didn't even know how to expand their existing ones.
The key is, everyone can aspire to the success of others, but not necessarily be able to handle it if they were given the same initial opportunity.

[fuguebtc]

This funds is what individuals will use to start up life, invest in any business of your choices and grow from there. Won't this help the economy of the country to grow faster, and reduce extreme poverty from the masses? Won't this possibly create more jobs? Won't this be better for the economy than stockpiling money in federal reserves?

Yeah, with this money common civilian will be able to meet his daily need but without proper planning it cannot be guaranteed that it will boost the countrys economy overnight. In my opinion if such such a program is introduced inequality will be reduced a lot and people will also have peace of mind, people will then be able to devote time to study, business or family. And if the public can use this money wisely for some productive purpose then employment in the local market will also increase a lot

But in these cases there is also a huge problem, where will this huge money come from and whether it is possible to pull it out at all that is the real problem. If so much money is given unconditionally it is quite a costly task. Besides, there is also a debate about whether having money in hand all the time will have any effect on peoples willingness to work

[Oluwa-btc]

This funds is what individuals will use to start up life, invest in any business of your choices and grow from there. Won't this help the economy of the country to grow faster, and reduce extreme poverty from the masses? Won't this possibly create more jobs? Won't this be better for the economy than stockpiling money in federal reserves?

Expectations are high but ain't met, in such cases the government should place more efforts in trying to meet up to the demands of every citizens.I agree with this idea because basically the citizens of a country remains poor cause they can't fend for themselves and meet up with their needs, regardless funds as this would go a long way in reduce the menace of poverty therby helping each and every individual become stable and independent.

[demonica]

Can we really imagine “equality” in the economy? That seems nearly impossible to achieve.

With regard to your suggestion, i have few questions. What will be the basis of amount they’ll receive? Will it be an equal amount for each person turning that certain age? Cause before they get to receive that amount, people already have different status to begin with. You can’t give everyone the same amount of money cause the other might be living a stable life already, while the others are having a hard time. Also, how can we say that once they received the money, people will use it for startup. Others could be using it to pay off their debts, others could be using it for their leisure, or even in gambling. Cause you cant guarantee that everyone will be using the funds smartly.

[Rabata]

The people of a country play a major role in the economic development of a country. If the general public is financially well-off, then the economic condition of that country will also be good. And if the people go through poverty, then there will be no improvement in that economic condition. The government of every country should not only give opportunities to its own people but should give opportunities to everyone equally. If everyone gets opportunities equally, then everyone will benefit and there will also be development in the economic aspect. If the wheels of the economy remain in motion, the country will also move forward. If the development of the country is thought of as a whole without corruption or nepotism, then the general public must be given equal benefits to all.

[Mate2237]

Even if you give every citizen a million dollars to start life the fact remains that, over some years we will still find ourselves in this present situation were society will be divided into two between the poor and the rich. Success in life is not dependent on the availability of the resources that are available to you, even though that is important success in life's comes from within a sense of responsibility from citizens who constantly is conscious about their performance self development and growth.


The economy will not be grow faster even if people start evenly with equal opportunities like giving them money to start some people with still rise up later and blame the government after wasting their money..