Wealth Disparity
The term “income gap” refers to the difference in earnings between two groups, such as the wealthy 1% and the less affluent 99%, or between white and black Americans. On the other hand, the wealth gap considers assets and net worth (total assets minus debts) rather than just income.
“We playing the long game. We don’t want the money to stop when we go. When we can’t work no more. We want it to outlive us, we want it to be generational.”
– Nipsey Hussle
What to expect?
Wealth disparity is an important part of financial literacy because it allows you to understand where the wealth goes. In this section, we will be discussing what wealth disparity is, how we are affected by it, and who is affected the most by it. Finally, we will discuss why it’s important to be aware of it and how we can combat it.
Topics
- Cause
- Statistics
- Lack of Wealth in minority communities
Continue to start the course
