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
What territories declared their independence from China following the 1911 Revolution?
Artist 52 [7]
Mongolia is the country
8 0
3 years ago
When it came to domestic policy legislation, President Nixon was often more reactive than proactive because he __________.
choli [55]

Answer:

(B) Is your answer

Explanation:

4 0
3 years ago
Read 2 more answers
The colonists exported raw materials such as lumber to England. Is lumber renewable or nonrenewable?
andreev551 [17]
A) renweable is the correct answer
7 0
3 years ago
Read 2 more answers
Do you think Americans still believe that it is important to be represented in government? Why or why not?
Lana71 [14]
Yes of course, The United States fought to own the right of freedom to vote. The country is founded on the belief of democracy. That we have a choice to who we want to lead us.

^ ps I bs that whole thing haha sound good tho
6 0
3 years ago
¿That 4 things did the Compromise of 1850 caused?​
GalinKa [24]

It called for the admission of California as a free state.

It strengthened the fugitive slave act.

It abolished slave trade in D.C.

3 0
3 years ago
Other questions:
  • ANSWER ASAP...................
    14·1 answer
  • Select the four reasons why Eastern luxuries were expensive.
    10·2 answers
  • Do
    14·1 answer
  • A baseball is hit into the air with a bat. When does the baseball have the greatest gravitational potential energy? When it hits
    8·1 answer
  • Please help it’s important
    8·1 answer
  • How did various European counties become involved in and impact the outcome of the American Revolution?
    15·1 answer
  • Which institution became stronger and limited the monarchy in order to end absolutism in England
    10·1 answer
  • The conflict with this nation caused the US to fully implement an internationalist foreign policy
    8·1 answer
  • Why do you think Mansa Musa was able to help spread Islam?
    9·1 answer
  • Can somebody just put all the answers together cause i just freaking got in trouble because my step dad thought i was doing some
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!