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

Sectional Politics in the Election of 1860: Text

1. Use Visual Information What did the results of the Election of 1860 signify

about the state of the Union? Use information from the election map to

support your answer.




2. Compare and Contrast Describe how the Republican and Democratic

parties chose their candidate for the presidential election of 1860. Then

compare how the parties split or stayed together after this decision.




The Collapse of the Union: Text

3. Draw Conclusions Analyze the excerpt from the declaration of secession.

Why did South Carolina want to leave the Union? Explain in your own words.




4. Determine Author’s Purpose Explain Lincoln’s purpose in his inaugural

address in March 1861. What words and phrases from the address support

your answer?




5. Summarize What happened at Fort Sumter and how did this contribute to

Answers

Answer: idek sorry cant understand the question

Explanation:

Who was the sixteenth-century astronomer who used mathematics to conclude that Earth revolves around the sun? Question 5 options: Andreas Vesalius René Descartes Nicolaus Copernicus Galileo Galilei.

Answers

Nicolaus Copernicus .....

Which of the following saw 200 U.S.
troops, including George Custer, killed in
20 minutes by Native American warriors?
A. Dawes Act
B. Fort Laramie
C. Little Big Horn
D. Sand Creek

Answers

The answer is C- Little Big Horn. This was a devastating battle for the United States, as it saw the death of General George Custer. This battle is also known as Custer's Last Stand, and saw the defeat of the U.S army and loss of 268 troops.

I hope this helps! :)

which act provided homesteaders with 160 acres of land at no cost if they lived on the land, built a house, and made improvements to the land?

Answers

This act was called the Homestead Act

by passing the navigation acts in the 1600s and 1700s, the british government intended to:

Answers

The Navigation Acts (1651, 1660) were acts of Parliament intended to promote the self-sufficiency of the British Empire by restricting colonial trade to England and decreasing dependence on foreign imported goods.

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 Great Depression was the result of wild stock speculation, economic disparity between rich and poor, and what else? Question 16 options: The government's failure to regulate business a banking crisis high tariffs overseas the financial bailout of the auto industry.

Answers

Answer:

Bought stock on credit, thinking that prices would continue to rise. What did investors do that helped trigger the stock market crash in 1929? You just studied 34 terms!

Explanation:

an economy that is based on one good what?

Answers

A market-based economy is one where goods and services are produced and exchanged according to demand and supply between participants

In the 1970s, the National Organization for Women expanded its goals by ______. A. Backing a female candidate for the U.S Presidency. B. Hiring Phyllis Schlafly to promote cultural equality. C. Supporting the Equal Rights Amendment. D. Calling for required government childcare centers.

Answers

Answer:

c

Explanation:

In the 1970s, the National Organization for Women expanded its goals by supporting the Equal Rights Amendment. Thus, the correct answer is option C.

What is the Equal Rights Amendment?

The proposed bill was intended to ensure legal equality between men and women. The National Organization of Women supported this amendment. Proponents claim it would eliminate legal distinctions between men and women in divorce, property, employment, and other areas.

With the rise of the women's movement in the United States during the 1960s, the ERA gained increasing support, and it was approved by the United States House of Representatives on October 12, 1971, and by the United States Senate on March 22, 1972, submitting the ERA to state legislatures for ratification, as provided by Article V of the United States Constitution.

Therefore, the National Organization for Women supported the Equal Rights Amendment.

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Question 1 of 10
What happened as a result of Spain's early exploration of the New World?
A. Spain set up colonies in large areas of both continents.
B. Spain kept other European countries from settling in Canada.
O C. Spain worked with other European countries to set up American
colonies.
O D. Spain developed good relations with the native populations.
SUBMIT

Answers

Answer:

A

Explanation:

Spain Immediately conquered land to claim for their own. Hope this helps :)

How did Theodore Roosevelt help during the Spanish American war ( please answer & thanks )

Answers

Answer:Roosevelt served gallantly during this brief conflict, which lasted from May to July, 1898. An eager Roosevelt resigned his post of Assistant ...

Explanation:

what is the term that means the power is divided between the states and national government?

Answers

Answer:Federalism

Explanation:

please help me right now

List signifcant years related to the end of the slave trade and why they are important:

the link is below

Answers

I don't see the link. I'll update my answer after there is a link.

1. Who was General Hatch?
A.the person who settled Oregon in 1851
B.18th president of the U.S.
C.Union Army General in the Civil War
D.the first soldier killed in the Civil War
this is for 14points

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Answer:

C.Union Army General in the Civil War

QUESTIONS ON WORLD WAR ONE
explain how each of the following contributed to the U.S. decision to enter WWI.
a. German u-boat attacks:

b. Zimmermann telegram:

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Answer:

A. The Germans sinking merchant and passenger u-boats was one of the primary reasons the United states entered the war. Many times these boats carried vital supplies. But the United States became outraged after learning that the Germans sunk a U-boat known as the "Lusitania" that was full of passengers civilians.

B. The Zimmermann telegram was a message sent from Germany to Mexico i attempts to drag Mexico into WWI against the US forces. The telegram stated that if Mexico joined Germany in defeating The US, then Mexico would gain their land they previously lost to the US. But, this telegram never made it to Mexico due to the fact that it was intercepted by The British. The British show the letter to the US, then the US saw this as a direct threat to them, dragging the US into the war.

How did the nature of political power in England change between the rise of the Stuart Dynasty and the English Civil War

Answers

Answer:

Explanation:

Between 1642 and 1651, armies loyal to King Charles I and Parliament faced off in three civil wars over longstanding disputes about religious freedom and how the “three kingdoms” of England, Scotland and Ireland should be governed.10-Sep-2021

Nineteen years ago, almost to the day, we lost three astronauts in a terrible accident on the ground. But we’ve never lost an astronaut in flight; we’ve never had a tragedy like this. And perhaps we’ve forgotten the courage it took for the crew of the shuttle. But they, the Challenger Seven, were aware of the dangers, but overcame them and did their jobs brilliantly. â€"Address on the space shuttle Challenger, Ronald Reagan This part of the speech is mainly an appeal to.

Answers

Answer:

Logos

Explanation:

second part: the previous acciedent on the ground

how many times did Columbus sail to what he thought was Asia

Answers

Answer:

The explorer Christopher Columbus made four trips across the Atlantic Ocean from Spain: in 1492, 1493, 1498 and 1502. He was determined to find a direct water route west from Europe to Asia, but he never did.

Explanation:

Mark me brainly please

1. what is the setting for this cartoon?

2. who are the people in the front of the cartoon? who are the people in the back row?

3. how does the cartoonist use size to make his point of view?

4. how does the cartoonist use caricature to make his point of view?

Answers

1. The setting for this cartoon is the following.

The cartoon shows the US Congress. It is supposedly a session of Congressmen.

2. The people in the front of the cartoon are the members of the House of Representatives in session.

The people in the back row are the wealthy owners of the big monopolies in the United States at that time. The rich owners of the most important industries and means of production during the Gilded Age.

3. The cartoonist use size to make his point of view in the following way.

Size in the cartoon is very important to depict how rich company owners are bigger and very influential in US Congress.The cartoonist tries to show how wealthy industrial owners can directly influence the US Representatives, trying to force their political agendas.

4. The cartoonist use caricature to make his point of view in the following way.

The cartoonist tries to critique the huge influence these so-called Robber Barons exerted over Congressmen to do as they pleased during those years when their monopolies controlled the US economy.The cartoonist used humor to make people reflect on this important issue.

The Robber Barons were wealthy owners of the American Industries during the Gilde Edge. The most famous Robber Barons were John F. Rockefeller, owner of the Standard Oil Company, and Andrew Carnegie, owner of the Steel Company.

We conclude that cartoonists played an important role in journalism, trying to make citizens reflect on important social, political, and economical issues in America.

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When and where did the word normalcy first become popular?

Answers

Although detractors of the time tried to belittle the word "normalcy" as a neologism as well as a malapropism, saying that it was poorly coined by Harding (as opposed to the more accepted term normality), there was contemporaneous discussion and evidence that normalcy had been listed in dictionaries as far back as 1857

Answer:

but normalcy was far listed back in dictionaries in 1857.

Explanation:

warren harding coined the term "normalcy"to describe the state he hoped the country would regain after two decades of progressive home.

True or False. If false, replace the underlined word.
Napoleon wanted to create a Bonoparte Dynasty, so he put his friends in charge of other kingdom's throughout Europe?
O True
O False

Answers

Answer: False

Explanation: The French Revolution established both a new political order and a new social order. For that reason, it is considered a turning point in. European history.

The answer is false. Uwc

Describe what China was like during the Spring and Autumn and Warring States periods.

Answers

Answer:

a gradual increase in power of individual states

Explanation:

The Spring and Autumn period in China's early history was rife with conflict and bloodshed. Taking place during the Eastern Zhou dynasty, the period was marked by a decline in Zhou court power and a gradual increase in power of individual states.

What was  Zhou dynasty?

The Zhou Dynasty made significant cultural contributions to agriculture, education, military organization, Chinese literature, music, philosophical schools of thought, and social stratification as well as political and religious innovations.

The foundation for many of these developments had been laid by the Shang Dynasty but the form in which they came to be recognized is entirely credited to the Zhou.

The culture they established and maintained for almost 800 years enabled the development of the arts, metallurgy, and some of the most famous names in Chinese philosophy.

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Why does Anna tell Roberto a folk tale? O
A. She wants him to learn her country's folk tales.
B. She's tired and telling stories helps her relax. C. She wants him to make dinner when she works late, Reset​

Answers

Answer:

A

Explanation:

most people tell children folk tale so as to educate them on their country's folk tale

Anna tells Roberto a folk tale she wants him to learn about her country folk tales. The correct option is A. Another well-known folktale that was turned into a fairy tale is "Jack and the Beanstalk."

Why is it called folktales?

Folktales are a particular type of story that is passed down from one generation to the next. True folktales are not written by a single person. As time passes and various people tell them, they evolve. They were produced by "the folk," or the people, as a result.

Folktales were passed down through the generations, modeling behaviors and supporting ideals of how to lead a meaningful life. Characteristics like kindness, resourcefulness, trustworthiness, or bravery were gradually woven into the fabric of folktales as the stories progressed.

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in the late 19th century, farmers desired "cheap money" policies because farmers believed that rising prices for their crops would

Answers

Answer:

farmers used "cheap money" to pay of debt

what did britain get from china according to the treaty of nanjing?

Answers

In the treaty of Nanjing that ended the First Opium War in 1842, Britain made China pay a huge indemnity. Britain also gained Hong Kong

Which imperial president had the best policy? Why?

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Answer:

A presidency becomes imperial when it relies on powers beyond those allowed by the Constitution of the United States. ... As the United States became a great world power and then a superpower, the presidency acquired more war powers despite the Constitution.

Explanation:

what was one reason japan attacked the u.s naval base at pearl harbor?

a. the u.s strategy of island hopping had disturbed pacific trade routes

b. the japanese naval fleet had been defeated at the battle of midway

c. japanese americans had been relocated to internment camps

d. u.s trade sanctions had caused shortages of oil gas and rubber

Answers



U.S. trade sanctions had caused shortages of oil, gas, and rubber is your answer!

Although Magna Carta (1215) came to be viewed as the first document to guarantee the legal rights of all Englishmen, it was originally intended to serve as a(n)

Answers

Answer:

Magna Carta was issued in June 1215 and was the first document to put into writing the principle that the king and his government was not above the law. It sought to prevent the king from exploiting his power, and placed limits of royal authority by establishing law as a power in itself.

Explanation:

i hope this helped!

Which economic system is being described based on the pictures/ diagrams above?

Answers

Which economic system is being described?

Me doing your mom

where was the fundamental orders of connecticut written

Answers

Answer:

Hartford

Explanation:

In 1635, immigrants from Massachusetts settled near Hartford, Connecticut, and by 1639 had created “Fundamental Orders” for the governance of their settlement.

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