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.
Nobody downloaded yet

Black people Income - Research Paper Example

Comments (0)
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 paper
GRAB THE BEST PAPER
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
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
The Black Panther Party
The black race in the country is a culmination of slavery, which allowed white settlers to ship black people from Africa to the US to provide cheap labor for American industries and plantations. It is, therefore, not a wonder to find that they were perceived as second-class citizens, who were not entitled to decent living even after the emancipation proclamation by Abraham Lincoln.
5 Pages(1250 words)Research Paper
Black Women in Modern Science Fiction Media: Rosaria Dawson in Men in Black 2
Appearance of black women in science fiction films is important since this genre is the one place where every social issue can be seen, for instance, gender roles that have been switched as well as exploration of civilization of black women that had been lost over the past years.
4 Pages(1000 words)Research Paper
How has education changed for the black community since 1963
Education history of the black in America dates back in 1619 when British colonies landed at Jamestown in Virginia with a team of 23 black men and women (“FAQs” web). Today, Blacks population have grown considerably to account for a significant figure of the entire population.
4 Pages(1000 words)Research Paper
Black Political Power
Discrimination from attending certain schools and colleges, to discrimination against using public transportation, and even the world of entertainment, an end to black slavery were among some of the reasons these people were ready to lose their lives for.
4 Pages(1000 words)Research Paper
Poverty and the Distribution of income during the Reagan years
System of government can only lead to good formulation of policies if the regulations set by the government are efficient and effective. Reagan wanted to encourage private contribution in the U.S. market by wounding down the level of public expenses. This essay tries to analyse and evaluate the level of poverty and income distribution in the Reagan years in United States.
6 Pages(1500 words)Research Paper
How do employment, income, and education issues impact people with disabilities
Impact of employment and economic growth on disables Defining Disability Concluding remarks How Employment and Income Effect Disable Population Introduction The disable people are recognized for their special needs in order to live a peaceful life. Their intellectual quotient is extra ordinary and therefore, they have the exceptional level of ability and power to learn and apply new concepts and ideas.
5 Pages(1250 words)Research Paper
How does the Welfare system negatively impact black males
Research identifies that there exist considerably low levels of income, education and high levels of poverty among adult Black Americans (Taylor & Lockery, 1995). Educationally and
20 Pages(5000 words)Research Paper
Comparing people income with college degrees and people without college degrees
A relationship between income inequality and disparity in level of education, as evident in Bahrain, and trend in widening inequality in the two quantities indicate that education affect income that further
1 Pages(250 words)Research Paper
Marketing for low income people (Gillette Vs Nivea)
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
12 Pages(3000 words)Research Paper
Poverty, Income Inequality, and Community Crime Rates
This paper examines this important connection with a specific focus on the positive correlation between relative and absolute poverty and rates of violent crime and burglary in the U.S., and compares the Gini coefficient and indicators of poverty, such as unemployment and income distribution, in the areas of concern.
11 Pages(2750 words)Research Paper
Let us find you another Research Paper on topic Black people Income for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us