Younger black Americans will be more likely than whites to backslide financially over their lifetimes.

Question

Quizplus · Accepted Answer

Studies and data have shown that younger Black Americans face systemic inequalities and barriers that can lead to financial instability and a higher likelihood of backsliding financially over their lifetimes compared to their white counterparts. Factors include disparities in wealth accumulation, access to quality education, employment opportunities, and systemic racism.

Younger Black Americans Will Be More Likely Than Whites to Backslide