Why Do Some People Succeed While Others Struggle?

Some people get ahead because they have more chances, like getting a better toy to play with. Others might start with fewer chances, maybe the toys are broken or hard to find. These chances can make all the difference, even if everyone tries their best.

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Examples

A child with a parent who reads books grows up learning to read faster than a child without that help.
A student in a wealthy neighborhood gets tutoring, while another doesn't have access to extra help.
Someone who starts a business with money saved up has more time and energy to grow it than someone who needs to work two jobs.

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Categories: Economics · success,struggle,economics of opportunity,inequality,personal finance