Which measure of total assets is very concentrated in the United States due to passing it from generation to generation?
A) Socio-economic status
B) Income
C) Wealth
D) Social status

Question

Quizplus · Accepted Answer

Wealth is the measure of total assets that is very concentrated in the United States, often due to it being passed from generation to generation. This intergenerational transfer contributes to the concentration of wealth within certain families or groups over time.

Which Measure of Total Assets Is Very Concentrated in the United