We talked about the group test. Then we started a new unit about money called Income and Inequality. Income not being distributed evenly in a country.
1. What % of wealth do each 20% control in the US?
20% Bottom 5%
20% 2nd 5%
20% Middle 10%
20% 4th 10%
20% Top 70%
2. What would be the ideal in your opinion?
The middle should have the most control.
The top one percent of America controls 40%.
99% of the people have 60% of the wealth
Top 20% controls 93% of the wealth in our country
Why did Karl Marx dislike capitalism? People didn't get equal incomes.
What is income inequality?
Why is income inequality a problem?
How bad is income inequality in the US and world?
Why do developed countries have bigger issues with income inequality?
What are the causes of income inequality?
What can we learn from other countries about income inequality?
What can be done to improve income inequality?
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