5 - 11/5 net worth = value of everything you own minus what...

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11/5 net worth = value of everything you own minus what you owe use median for net worth statistics to negate outliers white households tend to be smaller but maybe more likely to be wage-earning age net worth more accurate way of analyzing poverty than income or wage highest concentration of white non-Hispanics is $100,000-$249,000 highest concentration of blacks is 0 or negative why are people unemployed? Not necessarily that they aren’t looking and applying Exam 2 2. Moynihan’s review on racism: matriarchal structure related to the legacy of slavery, black situation in America is environmental, thinks originally racism and slavery caused a psychological outcome but that it no longer causes economic inequality, not all about psychology- changes in industry etc. Also talks about class issues, not just racism: what are the causes of intergenerational poverty?- family structure, joblessness, psychology 4. According to scholars, what are the reasons why African Americans have difficulty
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5 - 11/5 net worth = value of everything you own minus what...

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