Please explain the great divide between the poor and wealthy during industrial development in America. how was it created? how did it continue to grow?

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asked Feb 27, 2022 22.6k views

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Ziv Barber · Answer 1 · 2022-03-05T12:36:17+0000

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The most important appears to be the number of years of home ownership; at the 50th percentile, it accounts for roughly 28% of the observed racial wealth gap. The next most important factor is household income (explaining 17% of the gap).

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Please explain the great divide between the poor and wealthy during industrial development in America. how was it created? how did it continue to grow?

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