Question 1<\/p>\n\n\n\n
I was surprised that the country is not composed of middle-class citizens as the majority; but a group of individuals who own between 40 and 50 percent of the nation\u2019s total wealth. This is unreasonable given that the principle of inequity propose that the nation\u2019s wealth should be distributed equally to citizens. It is evident that majority of the American families have little or no wealth. They have no assets or investment due to existing taxation policies, debts, and mortgages.<\/p>\n\n\n\n
Question 2<\/p>\n\n\n\n
The major effects of wealth inequality in the United States related to increased rates of health and social problems among low-income families. Slow economic growth can be experienced due to a lack of highly productive employees, less wages, and little individual participation in economic growth. This dynamic will exist in our society as long as the rich and other capitalist invest their money to generate more wealth. For example, this is possible when the children of the rich inherit and invest their family wealth to earn more money.<\/p>\n","protected":false},"excerpt":{"rendered":"
Question 1 I was surprised that the country is not composed of middle-class citizens as the majority; but a group of individuals who own between 40 and 50 percent of the nation\u2019s total wealth. This is unreasonable given that the principle of inequity propose that the nation\u2019s wealth should be distributed equally to citizens. It…<\/p>\n","protected":false},"author":3793,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"portfolio_post_id":0,"portfolio_citation":"","portfolio_annotation":"","openlab_post_visibility":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-3033","post","type-post","status-publish","format-standard","hentry","category-discussion-board-5-3"],"_links":{"self":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0503-introduction-to-american-government-summer-2021\/wp-json\/wp\/v2\/posts\/3033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0503-introduction-to-american-government-summer-2021\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0503-introduction-to-american-government-summer-2021\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0503-introduction-to-american-government-summer-2021\/wp-json\/wp\/v2\/users\/3793"}],"replies":[{"embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0503-introduction-to-american-government-summer-2021\/wp-json\/wp\/v2\/comments?post=3033"}],"version-history":[{"count":1,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0503-introduction-to-american-government-summer-2021\/wp-json\/wp\/v2\/posts\/3033\/revisions"}],"predecessor-version":[{"id":3034,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0503-introduction-to-american-government-summer-2021\/wp-json\/wp\/v2\/posts\/3033\/revisions\/3034"}],"wp:attachment":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0503-introduction-to-american-government-summer-2021\/wp-json\/wp\/v2\/media?parent=3033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0503-introduction-to-american-government-summer-2021\/wp-json\/wp\/v2\/categories?post=3033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/pol-100-0503-introduction-to-american-government-summer-2021\/wp-json\/wp\/v2\/tags?post=3033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}