Because of a lack of housing wealth, most older African Americans have less income security for their old age, and an emergency can deplete their resources. Such unequal distribution of wealth perpetuates:

Question

Quizplus · Accepted Answer

The unequal distribution of wealth, particularly in housing, for African Americans perpetuates cumulative disadvantage, in which previous disadvantages continue to have negative effects over time. This can lead to diminished income security and vulnerability to emergencies. While classism and racism may also play a role, cumulative disadvantage is the most closely related concept to the situation described. Powerlessness is not as directly related.

Because of a Lack of Housing Wealth, Most Older African