How is the pattern of wealth distribution in the United States influenced by race?
A) Asians are a "model minority" and hold most of the wealth in the United States.
B) Black families have higher levels of wealth than White families.
C) Discriminatory practices in banking and housing perpetuate racial inequalities.
D) The pattern of wealth distribution in the United States is no longer influenced by race.

Question

Quizplus · Accepted Answer

Discriminatory practices in banking and housing, such as redlining and predatory lending, have historically made it more difficult for people of color to obtain mortgages and invest in homes, leading to lower rates of homeownership and lower levels of wealth accumulation. Additionally, systemic racism and discrimination in education and employment can also limit opportunities for wealth accumulation among communities of color. As a result, wealth distribution in the United States remains unequal and influenced by race.

How Is the Pattern of Wealth Distribution in the United