Question

If Cynthia, an African American woman, earns an advanced degree, she may earn a similar income to Marie, a white woman with the same degree, and yet she may still have fewer economic resources than Marie. What explanation for this economic gap would BEST demonstrate equity inequality

Answer 1

Answer:

A) Cynthia did not inherit any property or other assets from her parents or grandparents.

Explanation:

"Equity" refers to the ownership of assets after liabilities have been deducted. This is the value of an asset minus the asset's liabilities.

In the situation above, Cynthia, as an African-American woman, still has fewer economic resources than that of Marie although she already has an advanced degree. This is because African-American women are not allowed to inherit properties because they didn't have the right. So, this leaves her having fewer assets than that of Marie, even though Marie has a similar income to that of hers.

So, this explains the answer.