Not only did great wealth inequality exist in the United States during the first half of the nineteenth century, but most wealth was acquired by inheritance and was very stable over time.

Question

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Wealth inequality was significant during the first half of the nineteenth century, and most wealth was acquired through inheritance. Additionally, the wealthy elite were able to maintain their wealth over time, leading to a stable concentration of wealth among a small group of families.

Not Only Did Great Wealth Inequality Exist in the United