The Wealth Gap


Use the transcript in the link below to answer the following questions:

  • Why is it important to examine wealth along with income when studying inequality? Be sure to discuss how the measure of wealth differs from income, as well as key trends.
  • How is wealth distributed? What groups of people have wealth in the United States? For example, is it evenly distributed, or do some people hold the majority of the wealth? If so, who are they?
  • What impact does race or ethnicity have on an individual’s ability to access certain jobs, or the types of jobs that offer upward mobility?
  • Americans often claim that individuals should be willing to accept any job, but what part do cultural beliefs play in the motivation to accept and keep a low-income job? What are the social costs of this? Do these outweigh the potentially meager income benefits?

Special Instructions:

Create a 1 page essay in APA format in according to the instructions above. Use 2 academically reviewed sources as references. Utilize in-text citations.