How much of the total US wealth is owned by (a) the richest 1 percent? (b) the poorest 40 percent?

Answers

Answer 1

The US wealth owned by the richest 1 percent is 38.1 percent of total wealth.

The US wealth owned by the poorest 40 percent is 0.2 percent of total wealth.

What do you mean by wealth?

The value of all the valuable assets that a person, group of people, business, or nation owns is measured as wealth.

The unequal distribution of assets among Americans is wealth inequality in this country. The values of any residences, cars, personal belongings, businesses, savings, and investments, as well as any related debts, are frequently considered to be part of one's wealth.

In order to inform discussions on a prospective net worth tax or other reforms to the taxation of wealth in the United States, this issue brief offers an overview of the wealth distribution in the country.

Therefore, The US wealth owned by the richest 1 percent is 38.1 percent and the poorest is 0.2 percent.

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Related Questions

PLEASE HELP ME
What is the orgin of Thanksgiving? How did it become a holiday? Who celebrated Thanksgiving?
Give me a summary not a cut/paste!
5 complete sentences
5 additional sentences telling me how you and your family celebrate this holiday
10 sentences total
Give a reference where you got information
Give a professional student summary. Read the information and sum it up in your own words.

Answers

Answer:

I went to a very small country school on the reservation, in the poorest county in the United States. Our school had predominantly Native students, but we were still taught what everybody was about Thanksgiving: It represented a time when “pilgrims and Indians” celebrated together, and it was about being thankful. Only later would we find out that it was a lie.

But as I was taught this story, my family gathered on Thanksgiving at my grandparent’s ranch, where we held a huge feast of very typical recipes, most of them straight out of a Betty Crocker cookbook. I remember the mingling smells of dishes cooking throughout the day as our moms and aunts crowded every kitchen surface preparing for the large offering. We had the staples, like roasted turkey; mashed potatoes and milk gravy; sweet potatoes with marshmallows; green bean casserole with onion crisps; brand-name stuffing; canned cranberry sauce; an assortment of cold pasta salads, Jello molds, cookies, deviled eggs; and 1950s-style glass platters filled with canned California black olives, pickles and piles of veggies. On occasion, we had Lakota dishes like Taniga (intestine soup) and wojape (chokecherry sauce).

Those are good memories. Though once my grandparents passed away, my family never celebrated holidays like that again, gathered in one place on the reservation. In the years since, my perspective on Thanksgiving has changed—at first from a sense of bitterness surrounding the real history of those lies we tell, of the actual stories we should honor and mourn, and then with a renewed hope for what our celebrations could be, if we simply changed our focus.

Will mark brainliest! What happened in the Boston Massacre?

A. British soldiers killed five people during protests against taxes.

B. American colonists killed five British soldiers and dumped tea into the Boston Harbor

C. British troops killed five people who tried to throw test in the Boston Harbor

D. American colonists killed five British soldiers during a protest again taxes

Answers

Answer:

A. British soldiers killed five people during protests against taxes.

Explanation:

Answer:

A. British soldiers killed five people during protests against taxes.

Explanation:

Assume you lived in Russia during the 1990s. Create a journal entry of at least one long paragraph that compares how life has changed for you and your family since Russia has moved from a command economy to a market economy. Be sure to use correct terminology, grammar, and spelling.
SOMEONE PLS HELP ME!!
PLSSSS

Answers

Answer:

Upon independence, Russia faced economic collapse. The new Russian government not only had to deal with the consequences of the mistakes in economic policy

1.
Which event played the greatest role in the spread of Protestantism in Europe?

the Great Schism in the Catholic Church

the fall of the Roman Empire

the invention of the printing press

the invasion of Spain by Muslim armies

Answers

Answer:

Catholic Church I believe.

Explanation:

The Catholic church had the most power over the people in Europe, prior to the Renaissance.

during the 1920s, how did the majority of the nation respond to the self-indulgent excesses of the lost generation and jazz age

Answers

Answer:

During the 1920s, how did the majority of the nation respond to the self-indulgent excesses of the Lost Generation and Jazz Age? Most instead led traditional lives and defended established values, which contributed to the backlash in national politics against modern city life.

Explanation:

Why was the Louisiana Purchase important? (besides doubling its size) I'm writing an essay so if you get it from a site pls tell me tysm!!

Answers

Answer:

it gave colonists a reason to move further into Native American land, causing many conflicts, and allowed for the Lewis and Clark expedition, which lead to a greater understanding of the environment, animals, and climate to the West.

What are the differences between Out government service and privatizing government service?

Answers

Answer:

Out government service is public whilst privatizing government service is private.

Wich general was responsible for laying waste on the southern countryside in his march to the sea

Answers

Answer:

Genral Sherman

Explanation:

How did each group value Minnesota’s natural resources (like land and rivers): Dakota:
European Americans:

Answers

Each group valued Minnesota's natural resources such as land and rivers for a different purpose. The Dakota used natural resources as a source of livelihood.

European Americans, on the other hand, aimed to use Minnesota's natural resources as a way to establish properties on the fertile frontier.

Therefore, the Dakota Indian group had a deep connection to the land of Minnesota, using its resources to support its community through fishing and hunting.

European American settlers, on the other hand, were interested in transforming the land into a state with the implementation of trade and property to generate wealth.

The Dakota were then threatened and forced to cede their Minnesota lands by signing treaties in 1851.

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¿Que significa y que implica la frase "Hacerse cargo de las decisiones que tomamos"? Soy de 5to de primaria es para lengua...

Answers

Answer: Significa que nos hacemos responsables de las cosas que hacemos, por ejemplo, si es una mala decisión, decimos la verdad aunque podríamos meternos en problemas. que también enseña a la gente a ser honesta y a no mentir

In the 1950s, American businesses such as the housing industry benefited most directly from:

Answers

Answer:

baby corn

Explanation:

In the 1950s, American businesses such as the housing industry benefited most directly from the growing US population and their need to buy more and more goods and services to meet their needs and this increased consumption which led to greater economic prosperity.

What was the prosperity of the 1950s?

The United States was the world's strongest military power in 1950's. Its economy was booming, and the fruits of this prosperity were new cars, suburban houses and other consumer goods which were available to more people than ever before.

Hence, the prosperity of the 1950s was fueled by an increase in consumer spending.

How did businesses change in US in 1950s?

During the decade, small businesses started and grew, while major corporations were merging, thus becoming larger, more profitable, and more powerful. Companies big and small needed workers, both skilled and unskilled, to manage their assets, work their assembly lines, or sell their products to the public.

Hence, the answer was given and explained above.

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first permanent french settlement in north america

Answers

Answer:

Quebec

Explanation:

A French explorer by the name of Samuel de Champlain, founded the first permanent French settlement in North America, Quebec.

which European is credited with arthritis and the Age of Exploration​

Answers

Answer:

prince henry the navigator

What was the result of the Punic Wars, a series of Wars between Carthage and Rome?​

Answers

Answer:

sulting in the destruction of Carthage, the enslavement of its population, and Roman hegemony over the western Mediterranean.

Explanation:

2. What is a cataract?

Answers

Answer:

Cataracts are the clouding of the lens of your eye, which is normally clear. Most cataracts develop slowly over time, causing symptoms such as blurry vision. Cataracts can be surgically removed through an outpatient procedure that restores vision in nearly everyone.

Explanation:

Answer:

Cataracts are the clouding of the lens of your eye, which is normally clear. Most cataracts develop slowly over time, causing symptoms such as blurry vision. Cataracts can be surgically removed through an outpatient procedure that restores vision in nearly everyone.

Explanation:

Easy 25 POINTSS

why is the #19 constitution amendment important using ur own words

pls help

Answers

The 19th amendment is important because it gave women their right to vote on equal terms with men. It helped millions of women move closer to equality and also empowered women to have their voices heard in politics. The amendment was especially important because it guaranteed that the right of citizens of the US to vote will not be denied by the US or by any State on account of sex/gender.

GIVING BRAINLEST!!!! What is the product of 5,811 x 10² = ________? (4 points)
5,811
581,100
581,110
581,200

Answers

Answer: C) 581,100

5811 × 10²

= 5811 × 100

= 581100

Answer:-

The product of 5,811 x 10² is 581100

Explanation:

Voodoo poocoo voodoo poocoo voodoo poopoo pooc

Journal 4.4.6 THE PROGRESSIVE REFORMERS

1. First think of three progressives From this unit who you might want to meet. Write two or three reasons why you'd want to meet each of them

Answers

The three progressives who stood out during the progressive era were Ida Tarbell, Jane Addams and Woodrow Wilson. The movement emerged from the 1890s to the 1920s, as a result of the negative effects that industrialization had on society.

Some goals of progressive reformers were to eliminate unfair practices, reduce corruption, protect workers and regulate industrialization in America.

Ida Tarbell was a pioneer of investigative journalism, and one of her many contributions to social justice was her exposure of Standard Oil's corrupt practices.

Jane Addams was a progressive leader who founded Full House in Chicago to aid immigrants, also contributed to the right to women's suffrage, and was a peace activist, becoming the first American woman to receive the Nobel Peace Prize in 1931.

Woodrow Wilson was a president of the US from 1913 to 1921, his main contributions to progressivism being the expansion of government regulation to private industry and protections for the environment, consumers and workers.

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9Rousseau believed that the only legitimate government was one that responded to the will of the people. What did Rousseau hope the people would do in that type of government?

Answers

Answer: As long as they remained residents of the state, he believed that citizens must obey the laws or be forced to do so.

what was the main purpose of the preamble to the declaration of independence?

Answers

Answer:The Preamble, also known as the Introduction, is the beginning to the Declaration Of Independence. The purpose of the Preamble is to state why the Declaration Of Independence was written. The document explains the reasons that impel the colonists to separate from Great Britain.

Explanation:

List three key ideas that summarize the Meeting of the Estates General.
WILL GIVE BRAINLYEST!!!!!

Answers

Answer:

In July 1788, in the midst of a growing financial crisis, King Louis XVI summoned the Estates General. The Estates General, which had not been called since 1614, convened in May 1789. The Estates General consisted of 1,200 deputies representing the three estates in pre-revolutionary France: the clergy, the nobility,...

the american civil war has been equated with the nation building that went on in germany and italy, with lincoln playing the role of otto von bismarck. watch the author video below. afterward, identify the statements that point to the differences between the european and american experience of nation building in the nineteenth century.

Answers

Answer:

correct:

-European nations were being built on the idea of unifying a people of the same ethnic, cultural, and linguistic group into a unified nation.

-Lincoln believed that the United States as a nation was embodied in a particular set of universal ideals.

Explanation:

I hope this helps!

What type of government was the England empire?

Answers

They are a constitutional monarchy I believe. The constitution is upheld with the parliament and bill of rights and the monarchy is obviously the queen.

One appeal of fascism to italians was its promise of:

Answers

Answer:

promise of a stable government

what court can try both federal and state laws​

Answers

Answer:

supreme court

Explanation:

Tại sao thế kỉ XXI, được dự đoán là “thế kỉ của châu Á”?

Answers

Answer:

Bước vào thế kỉ XXI, nhiều nước châu Á đạt được sự tăng trưởng nhanh chóng về kinh tế, tiêu biểu như Nhật Bản, Hàn Quốc, Trung Quốc, Ma-lai-xi-a, Sing-ga-po,… Từ sự phát triển đó, nhiều người dự đoán “Thế kỉ XXI sẽ là thế kỉ của châu Á”.

How did the slave trade affect West Africa?

Answers

Explanation:

The slave trade had devastating effects in Africa. Economic incentives for warlords and tribes to engage in the slave trade promoted an atmosphere of lawlessness and violence. Depopulation and a continuing fear of captivity made economic and agricultural development almost impossible throughout much of western Africa.

what hardships did migrants face during the depression

Answers

Migrants faced deportation

Answer:

Explanation:

they faced threat , deportation. immigrants workers grew, they had higher unemployment rates than whites

Which statement best describes how Americans responded to the arrival of new immigrants, according to the text?

Answers

Answer:

Americans accepted some immigrants

Explanation:

which countries where involved in the scramble for Africa

Answers

British, French, Germans, Belgians, Portuguese, Italians, and the Spanish

Answer:

Of these fourteen nations, France, Germany, Great Britain, and Portugal were the major players in the conference, controlling most of colonial Africa at the time. Britain, France, Germany, Belgium, Italy, Portugal, and Spain were competing for power within European power politics.

:)

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