Question

Why do you think individuals with lower levels of income are more likely to become compulsive gamblers than those with higher levels of income?

Answer 1

This is a question where there is a stereotype has been used although we will discuss the issue without any stereotype in place. The scenario is quite simple, if there are individuals with lower levels of income they are more susceptible to gambling in comparison to individuals with higher levels of income like, although if we look at the trend and way gambling is done, we will see that the higher class of the society is more susceptible to gambling although they should not be based on their needs instead they believe that it is kind of a social status. Individual with lower level of income, in order to fulfill their fantasy of getting rich may indulge in gambling in order to get rid of their hardships as well and this is quite visible as well. Standard of living is a very integral factor which may drive people towards gambling and this is happening even today