In the United States, the top 10 percent of households in 2004 owned 70 percent of wealth, and the top 1 percent of the households owned around 35 percent of all wealth.

Name: In the United States, the top 10 percent of households in 2004 owned 70 percent of wealth, and the top 1 percent of the households owned around 35 percent of all wealth.
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This statement is true based on data from the Federal Reserve's Survey of Consumer Finances.

In the United States, the Top 10 Percent of Households