Which of the following best explains why the wealth gap is greater than the income gap between blacks and whites?
A) A culture of poverty among African Americans discourages achievement and saving money.
B) The legacy of discrimination provided little or no opportunity to accumulate wealth.
C) Some social groups value wealth, while others value income.
D) Federal regulation has eliminated racial bias in income.

Question

Quizplus · Accepted Answer

The legacy of discrimination provided little or no opportunity to accumulate wealth, such as through homeownership or inheritance. This historical disadvantage has created a significant wealth gap between blacks and whites, as opposed to a simple income gap.

Which of the Following Best Explains Why the Wealth Gap