social class and poverty

This week in class we learned about social class and poverty. We learned about old money and new money and demonstrated that through an activity by playing monopoly. I was the one in my group who had the old money and through out the game I kept getting more wealthy. The girl in my group who started out with little or who would be in the lower class ended up loosing all her money and had nothing to her name at the end of the game. This is how it works in real life. The people who have a lot of money tend to be able to take risks and have a greater chance at success because in the game when I landed on someones lot I was able to pay my way out but the other girl in my group just kept loosing her money faster and faster because she wasn't making as much as she was spending in the game. In real life rich people are able to take chances because they have money to fall back on. If someone in the lower class tried to start a business they would be putting most of the money they have toward that, as for someone in the upper class they would fail over and over again and nothing bad would really happen to them. Even though it should be easier to move to higher social classes it is really hard in the real world.