Income
What is income?
Money received, especially on a regular basis, for work or through investments.
What did the line/slope of the bottom 20% look like on the graph?
Flat line
What was the Gilded Age?
A period in American history from the late 1870s to the early 1900s. It was a time of rapid industrialization, economic growth, and wealth disparity.
Women make up what percentage of the workforce?
half
Limited access to quality education, healthcare, and job opportunities.
What is one way someone can receive an income?
Wages, salaries, interest on savings account, dividends from shares of stock, profits from selling something for more than you paid it for.
Over how many decades have the richest 1 percent of Americans had the fastest income growth?
4 decades
What techniques did Americans use in the early 1900s lower the inequality?
Social movements, unionization, and other reforms
Between 1975 and 2015, what 5 year span did the percentage of women who made up the top U.S. earners increases the most?
What was Carter drinking in his skit?
Monster
What is income inequality?
The extent to which income is distributed in an uneven manner among a population.
The income of the 0.01 percent grew how many times faster than the income of the bottom 20%?
27 times faster
What percentage of the workforce was represented by a union between the 1940s and 1950s?
30%
What percentage of women make up the top 10 percent in American income
27%
What color shirt was jack wearing?
Grey
How is income inequality different from wealth statistics?
Income figures do not include the values of homes, stock, or other possessions.
From 1979 to 2021, what year did the most rapid increase of income for the 0.01% occur?
2020-2021
What year did the U.S. start to return to extreme levels of inequality?
1970
What percentage of women make up the top 1 percent in American income?
17%
What song was playing in the background?
Take 5 by Dave Brubeck
What percent of the world's global wealth is owned by the richest 1%?
Half
How many households are in the richest 0.01 percent?
12,000
What percentage of the workforce is represented by a union in 2022?
10%
What percentage of women make up the top 0.01 percent in American income
11%
What group had the best presentation?
Stephen, Carter, and Jack.