Distribution of Wealth in The United States Western Civilization.

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Presentation transcript:

Distribution of Wealth in The United States Western Civilization

Who Controls the Money in the United States? America's 112 million families had a combined wealth of $50.3 trillion in When those families were ranked by the size of their wealth, however, the top 1% alone held $16.8 trillion (33%) in wealth which was more than a third of the United States' total wealth (at 33%) and more than the $15.3 trillion (30.4%) held by 90% of U.S. families. The top 1% had average wealth of $15 million per family in contrast to the $22,800 average wealth of the least wealthy 50% of families or the $313,500 in wealth for families ranked between 50% and 90%.

Net worth and financial wealth distribution in the U.S. in 2001

Your Assignment All responses must be typed & thorough answers with specific proof are required. You may use any resource you choose (ISMs notes will be helpful). 4 Defend the statistics provided in the PowerPoint regarding the distribution of wealth in the United States from a capitalist’s perspective. Be certain to use specific proof to support your response. 4 Criticize the statistics provided (distribution of wealth) in the PowerPoint from a socialist’s perspective. Be certain to use specific proof to support your response.