1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lukranit [14]
2 years ago
11

How was black wealth first created

History
2 answers:
zhannawk [14.2K]2 years ago
6 0

Answer: Mary Ellen Pleasant (August 19, 1814 – January 11, 1904) was a 19th-century entrepreneur, financier, real estate magnate and abolitionist. She was arguably the first African-American self-made millionaire, preceding Madam C. J. Walker by decades. She identified herself as "a capitalist by profession" in the 1890 United States census.

Explanation:

slega [8]2 years ago
6 0

It is well-known that Black households hold significantly less wealth than white households in the United States. What may be less well-known is that this difference holds even after controlling for household characteristics and that – despite long-term gains by Black Americans in education and income in absolute terms and relative to whites – the wealth gap appears to be growing over time.

In recent work with several co-authors, I examine wealth differences between Black and white households and present results that control for household income, and the head of the household’s age, educational attainment, marital status, and sex (if single). We use data from the 1989 to 2016 waves of the Federal Reserve’s Survey of Consumer Finances, widely considered to be the most comprehensive survey of household wealth in the United States.

Consistent with an extensive literature, we show that, on average, Black households had less wealth than white households. In 2016, for example, the average Black household held $124,000 (or 54 percent) less wealth than the average white household. The median or typical Black household reported about $43,000 (or 56 percent) less wealth than the median white household reported. Again, these results control for household characteristics.

<h3><em>-</em><em> </em><em>BRAINLIEST</em><em> answerer</em></h3>
You might be interested in
Name some of the democratic reforms made during the golden age of athens
antiseptic1488 [7]

<span>A wise and able statesman named Pericles led Athens during much of its golden age. ... He so dominated the life of Athens from 461 to 429 B.C. that this period often is called the Age of Pericles. He had three goals: (1) to strengthen Athenian democracy, (2) to hold and strengthen the empire, and (3) to glorify Athens. lol both googled it</span>

<span />

4 0
3 years ago
Select all that apply.
Margarita [4]
The Jin and the Xia dynasties.
3 0
2 years ago
What is President Carter urging Americans to do in this excerpt?
Llana [10]

Answer:

A. Accept wage and price controls

Explanation:

4 0
3 years ago
Read 2 more answers
What are benefits to a bicameral legislature
VashaNatasha [74]

Answer:

Bicameral legislature allows for fair representation of the people in the federal state , bicameral legislature also looks for hasty and unconsiderate passage of bills.

Explanation:

8 0
3 years ago
Read 2 more answers
Why was the compromise of 1850 important to the development of Texas.
Y_Kistochka [10]
The Compromise of 1850 was a package of five separate bills passed by the United States Congress in September 1850, which defused a four-year political confrontation between slave and free states regarding the status of territories acquired during the Mexican–American War. The compromise, drafted by Whig Senator Henry Clay of Kentucky and brokered by Clay and Democratic Senator Stephen Douglas of Illinois
3 0
2 years ago
Other questions:
  • "despite his loss in the election, how did lincoln become the leader of the republican party?"
    12·1 answer
  • What was a major problem with the central government under the articles of confederation
    7·1 answer
  • Which philosopher came up with the idea of natural rights
    12·1 answer
  • Which of the following countries was not part of the heavily industrialized Black Triangle of Eastern Europe?
    5·2 answers
  • In which period of Native American history did permanent settlements develop for the first time?
    11·1 answer
  • The north vietnam army was called the army of the republic of vietnam. true false
    5·1 answer
  • How was the information passed down to each generation if they were not written down? In the Veda's (Indian Civlization)
    15·1 answer
  • Which of the following is a right guaranteed by the 6th Amendment? A. Freedom of press B. Freedom of religion C. Freedom of spee
    15·2 answers
  • Common structures found in different species may perform species-specific jobs, but their structures can look similar.
    11·1 answer
  • The Meiners and Democrats oppose the American system was because they believed it Benefit only certain regions in the nation Gav
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!