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Many economists and researchers around the country are confirming that there is a growing wealth gap between a small amount of super-rich individuals constituting only
Many economists and researchers around the country are confirming that there is a growing wealth gap between a small amount of super-rich individuals constituting only 1% of the entire U.S. population and the other 99% of us. The statistic that is frequently quoted by the media and the Occupy Wall Street protestors is the richest 1% of Americans control a third of the country's total wealth.
- What is your opinion on the statistic about the wealth gap in the United States?
- Why is the wealth disparity so pronounced?
- Based on what you are learning - or have learned - about simple and compound interests, how do simple and compound interests contribute to the wealth gap in the United States?
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