Which of the following is true concerning the distribution of wealth in the United States between 1800 and 1860?
A) Wealth was distributed more equitably throughout society than in the previous century.
B) There was no significant change in the distribution of wealth during that time.
C) Wealth was concentrated in the hands of a relatively small number of people.
D) There was a redistribution of wealth from the wealthiest families to middle-class families.

Question

Quizplus · Accepted Answer

During the period between 1800 and 1860, wealth was concentrated in the hands of a relatively small number of people, primarily the wealthy elite. The majority of the population lived in poverty and lacked access to economic opportunities. This distribution of wealth contributed to significant social and economic inequality in the United States during this time.

Which of the Following Is True Concerning the Distribution of Wealth