Question

Juliana, whose parents are immigrants from the Dominican Republic, was the first person in her family to go to college. Her parents, who recently retired after years of work as domestic servants, like to tell their friends that the family is wealthy now that their daughter has graduated from medical school. Why is their boast about their family wealth not quite accurate? They forget that most wealth is passed down through family generations and that having a high income is not the same thing as having wealth. They naively place their faith in a woman as a breadwinner. They ignore the power of government programs in helping families get out of poverty. They forget that doctors’ incomes will decline because of the Affordable Care Act.

Answer 1

Answer:

They forget that most wealth is passed down through family generations and that having a high income is not the same thing as having wealth

Explanation:

Wealth get accumulated over time. It is not something that one can just have overnight because a member of a family got a good job.

Probably over time if their daughter keeps making great money and is smart in creating more opportunities of making money and can have businesses aside then the next generation that will come after her may claim to be wealth .