Why Wealth Equality Remains Out of Reach for Black Americans
Based on data from the Federal Reserve’s Survey of Consumer Finance, the typical Black family has only 10 cents for every dollar held by the typical White family.
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Based on data from the Federal Reserve’s Survey of Consumer Finance, the typical Black family has only 10 cents for every dollar held by the typical White family.
Conversations about wealth inequality in the United States inevitably circle back to the question of race: why does wealth disproportionately reside among Whites in comparison to Blacks?
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