Currently in the United States,the share of income earned by the top 1% is now similar to what it was in the:
A) 1920s.
B) 1930s.
C) 1950s.
D) 1960s.

Question

Quizplus · Accepted Answer

According to numerous studies and analysis, the share of income earned by the top 1% in the United States is currently similar to what it was in the 1920s- a period of high inequality and concentration of wealth. In the past few decades, income inequality has been on the rise, and the wealthiest 1% of Americans now hold a significant share of the country's income and wealth. This trend is often compared to the era of the "roaring twenties," which was marked by excessive wealth for a few and widespread economic hardship for many.

Currently in the United States,the Share of Income Earned by the Top