News Formal

Civil rights leaders on myths and facts about the racial wealth gap - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Civil rights leaders at the head of the NAACP and the National Urban League say Americans get 2 things wrong about the racial wealth gap

Morial says one of the most pervasive myths about the racial wealth gap is that it can be eliminated by race-neutral policies.

, which left out more than 1 million Black veterans and contributed to widening economic inequality."Another myth, he says, is that "individual behavior, rather than systemic racism and lack of opportunity, is responsible for the gap. Research has shown that poverty is the cause, rather than the result, of certain behaviors that are traditionally associated with poverty.

Home equity is the principal component of household wealth in the United States. Starting in the Great Depression, the federal government put in place a number of policies designed to encourage homeownership, but Black Americans had almost no access to these programs.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Invest $1000 in my bitcoin mining and het a profit of $5000 in 10 days time.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How to close the racial investing gap and build more wealth - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I think it is just less discretionary income and hard to invest if your money is not legal for some.
Source: BusinessInsider - 🏆 729. / 51 Read more »

The top coding languages recruiters are looking for right now - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

SUCCESS INSIDER: Executive salaries, management consulting, Facebook - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »