- One surprising statistic about wealth inequality in the U.S. is that the top 1% of households own about 40% or more of the country’s wealth. This is shocking because it shows how a small number of people have so much money, while many others struggle to get by. This big gap can lead to unfairness in things like political power, education, and job opportunities, making it harder for most people to succeed.
- Living in a society with big differences in wealth can lead to many problems. For example, people with less money may struggle to afford basic needs like food, housing, and healthcare. This can create tension and division between rich and poor people. In everyday life, we see this when wealthy neighborhoods have nice parks and schools, while poorer areas may lack basic services. For instance, a child in a wealthy area might have access to better education and resources, while a child in a low-income area may not have the same opportunities.
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