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Black wealth/white wealth
African americans, economic conditions
Social Class
Socioeconomic Factors
Social justice
Equality
Wealth
United states, race relations
Moral and ethical aspects
Race relations
Economics
Economic conditions
African Americans
The rise of the black middle class is heralded as evidence of greater racial equality, but why do middle-class blacks possess only fifteen cents for every dollar of wealth held by middle-class whites? Why do 61% of black households have no financial assets at all - twice the rate for white household…
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