Nobody downloaded yet

Black people Income - Research Paper Example

Comments (0) Cite this document
Summary
Date Black people Income Introduction Over the years, there has been growing concern concerning wealth inequality, as well as the expanding racial wealth gap in the United States. This issue has become central to the debate regarding whether the United States is on the economic path that is sustainable…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.4% of users find it useful
Black people Income
Read TextPreview

Extract of sample
"Black people Income"

Download file to see previous pages Also, wealth is critical in enabling families to weather emergencies and move along a path of long-term financial opportunity and security. As such, extreme wealth inequality especially between races implies that a disadvantaged race will be unable to benefit from opportunities associated with wealth and this will hamper the community’s economic growth and that of the nation as a whole (Institute on Assets and Social Policy 1). Statistics by government agencies and non-government agencies show that there is a huge wealth inequality between black people compared to the white people in the United States. This research paper will discuss this inequality and why this inequality exists and what are the possible ways of closing the racial income gap. Statistics on Racial Income Inequality The black people in the United States continue to earn far less income compared to the white people. According to the statistics released by the United States Census Bureau, per-capita income of the black people in 2008 was $18,054, which was just 57.9 percent that of the white people which stood at $28,502. While this was a slight improvement over the 56.4 percent reported in 2007, it was down the 2005 statistics which as 59.3 percent (Christie para 1). The United States Bureau of Labor Statistics also indicate that the white people earn a median of $756 per week, which is 25 percent more compared to the black people who earn $607 weekly. In 2011, available data indicate that the median income for the black households was approximately $32,000. This amount was 61.7 percent of the median income of white households in the same year. What is more worrying is the fact that this was about the same percentage in 1970 which stood at 60.9 percent. This implies that there has been virtually no change in regard to income between the whites and the backs (Institute on Assets and Social Policy 5). This lack of notable change comes as a surprise considering that there have been visible indicators about the improvement of black people income situation. Factors or Causes of the Income Inequality between the Black People and White People Numerous studies have found out that there are a significant number of causes or factors contributing to low income among the blacks compared to the whites. It has been found out there are contemporary and historical causes that have resulted to this situation (Barsky, Bound, Charles and Lupton 663). The situation of income disparity is further compounded by the fact there us a very unequal income distribution among black households; it is even more unequal compared to the income distribution among white households. It should be noted that there some black people who earn pretty high income, even higher income than some of the top white households. This can be attributed to the benefits they have obtained in the recent years (Oliver and Shapiro 78). However, extremely large black population segment earn very low incomes. The weakening of labor unions and the long-term minimum wage reduction are some of the factors that have harmed the income of many black people. Other factors such as mass incarceration of black men, as well as the consequent exclusion from mainstream economy have significantly hampered black ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Black people Income Research Paper Example | Topics and Well Written Essays - 2500 words”, n.d.)
Black people Income Research Paper Example | Topics and Well Written Essays - 2500 words. Retrieved from https://studentshare.org/history/1493210-black-people-income
(Black People Income Research Paper Example | Topics and Well Written Essays - 2500 Words)
Black People Income Research Paper Example | Topics and Well Written Essays - 2500 Words. https://studentshare.org/history/1493210-black-people-income.
“Black People Income Research Paper Example | Topics and Well Written Essays - 2500 Words”, n.d. https://studentshare.org/history/1493210-black-people-income.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
History of Black People
...? 15 September History of Black People President Obama is least likely to make a visit to the archaeological site of African Diaspora, though he may be expected to make such visits to the archaeological sites in such foreign countries as Afghanistan and China because the archaeological remains in these countries have played an important role in shaping their contemporary national identities. In order to seek Obama’s attention, politics needs to be taken seriously. A lot can be learnt from the political success of Obama like organization and development of coalitions to make the impact broader and deeper. “The problem for Obama is that the message about African Americans at these sites derives in no small...
2 Pages(500 words)Essay
Education: Black People and the Future
...Education: Black People and the Future Abstract This paper is going to focus on how Farrakhan address the issue of literacy education of African Americans. According to him, black individuals were suffering from not being producers in the U.S. something that leads to high level of poverty due to lack of education within the black community. The paper will also focus on the role of pre-school teacher in addressing education of African American people. How did Farrakhan address the issue of Education- Black People and the Future? According to Farrakhan, black individuals were suffering from not being...
4 Pages(1000 words)Essay
Income Inequality
...the extreme poverty (Okoji, 2001). Furthermore, the child and maternal mortality rates in South Africa had been increased since early 1990s. The life expectancy in 2008 had been 12 years lower than in 1996. Common fatal illnesses prevailing among the rural poor include AIDS and tuberculosis epidemics. Studies also reveal that there is a positive correlation between the status of poverty and occurrence of Common Mental Disorders (CMD) in Low and Middle Income countries. Poor women in rural areas are highly vulnerable to these psychological health issues (Lund et. al., 2010). The key government interventions aimed at reducing poverty in South Africa can be listed as (a) increasing food and nutrition availability, (b)...
6 Pages(1500 words)Essay
Income distributioni:should income inequality be reduced
...Income Distribution: Should income inequality be reduced? As we all know people have always been unequal. It was determined by numerous factors evenmany centuries ago, and nowadays the amount of those factors has increased greatly. In the dawn of the humankind history people had little property, so that the social status was determined by other marks, like authority and skillfulness. There were little things that marked the difference in people’s social statuses, like better pieces of food, better place near the fire and more attention from the side of the representatives of the opposite sex. Nowadays it’s much easier to tell the difference between the...
3 Pages(750 words)Essay
Black and white people
...The blacks and the whites The whites and the colored people in the country have historically lived with animosity and suspicion originating from the early years of our generation due to the inequities and unfairness which is perceived bread and implemented by the whites. In his key and landmark addresses to the races on the general approach of the disparities of injustice, education quality and the general provision of rights to the blacks and whites, Booker T. Washington proposes and backs up a new paradigm shift in the focus to this issues which are crippling the relations between the races. Booker T. Washington comes into the public spotlight for the first time to present key note...
2 Pages(500 words)Essay
Black is, Black Ain't
...decades, and the credit goes to these men who were ready to stand against the odds. However, there are several controversial issues that are linked to this race; moreover, the racist element that is found among the White has given birth to several misconceived stereotypic ideas. In his documentary, Rigg wanted to people to realize that they were wrong, when they considered Afro Americans as savagely creatures, who did not have any morals, and were evil by nature. The title of the documentary clearly indicates the purpose and the theme, as it aims to bring the truth about African American culture and their lifestyle to the people, and eliminate the Black –biased stereotypes from the minds...
1 Pages(250 words)Essay
Black
...Black Muslims Definition of the term “Black Muslims” The term Black Muslims can be defined as a predominantly black religious organization in the United States, which professes Islam as their faith (Black Muslims, 1). Introduction Black Muslims is a group of people, mainly people of black ethnicity, who preach Islam as religious faith. The group of Black Muslims, officially recognized as the American Muslim Mission, was formerly called the Nation of Islam and after 1975 was known as the World Community of Al-Islam in the West (Black Muslims, 1). The members of this organization call themselves Billalians, which refers to Bilal – a former black slave of Muhammad and who became a symbol of black dignity and honour (Bilalians, n.p... to the...
6 Pages(1500 words)Essay
Marketing for low income people (Gillette Vs Nivea)
...MARKETING FOR LOW INCOME PEOPLE A case study of Gillette vs. Nivea By Introduction In marketing,a well-executed marketing program is determined by the level of revenues and profits drawn from them. The major aim of executing marketing programs is to carefully target attractive customer segments, create the desired image and product within that segment, and to strengthen the brand within that segment. Most importantly, brand management ranges from competitive positioning, impact on the marketing mix, to resource allocation on sales and profits. In this case, therefore, the approach that most firms use involves an initial cultivation of trust, allocation, and building of a strong brand management. Nivea...
12 Pages(3000 words)Research Paper
Income Concepts and Income statement
...Income concepts and income ment Reported earnings of a firm refer to the financial performance of the firm for a specified period. In most case, the reported earnings show whether a company is making a profit or a loss. If the company is making losses, proper adjustment measures have to be put in place so that it starts making a profit. In the case where it is making a profit, there are always ways to ensure that benefits increase. There are various measures that may, for this reason, be used to assess the quality of the reported earnings (Porter & Norton, 2012). First, there is the use of net income. It is the most traditional method of determining the quality of the...
4 Pages(1000 words)Assignment
Income inequality
...Income Inequality of Institute Income Inequality and its Measurement Introduction Income inequality refers to the disparities that exist in terms of income between different groups of people or households in an economy. The Gini coefficient together with the Lorenz curve make up the two measurements applicable to the measurement of income inequality. The inequality is a problem that faces not only developing countries but also developed countries. There are several factors that cause income inequality in developed countries. Such factors are important for any country to consider in policy making. In terms of...
6 Pages(1500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Research Paper on topic Black people Income for FREE!
logo footer
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us