Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

According to the disparities in the actual wealth gap, I think that the income gap would show a similar trend (reflecting the wealth of the

According to the disparities in the actual wealth gap, I think that the income gap would show a similar trend (reflecting the wealth of the population, not too good with distribution). I think the distribution of wealth was generally in line with what I was expecting. Ideally, I think there would obviously be an equal distribution of wealth (similar to what the video was projecting). I think it's sad that there is such an uneven balance (the top 1% isn't even on the chart's scale) but I don't think it's surprising. I think that Americans remain unaware of the magnitude of this inequality because they are focused on themselves and their own living conditions/essentially what is around them, what is affecting them directly rather than how are other people living. If someone is directly impacted by this inequality, they will likely take it more seriously than someone who does relatively well for themselves or someone who has an "obscene" amount of wealth. discuss

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

OPEC Twenty Years And Beyond

Authors: Ragaei El Mallakh

1st Edition

1317244737, 9781317244738

More Books

Students also viewed these Economics questions

Question

Why is the frequent addition of more controls so seductive?

Answered: 1 week ago

Question

differentiate the function ( x + 1 ) / ( x ^ 3 + x - 6 )

Answered: 1 week ago