1619 Project: Capitalism
In 2015, this pharmaceutical raised the price of Daraprim from $13.50 to $750 per pill, justifying it as a part of capitalism. Who is he?
Martin Shkreli
This group of people receives a much larger inheritance throughout their lifetime.
White people
Who is the CAP?
Center for American Progress’ National Advisory Council on Eliminating the Black-White Wealth Gap
This term describes a form of capitalism where profit is prioritized over people. What is this term?
Low-road capitalism
This age group of adults tends to have more wealth than younger adults.
Older Adults
What emergency savings did Black households rely on during the pandemic compared to white households?
Even if they could not fall back on savings, Black households still needed to fill the gap in their finances left by job losses and higher health care costs. They often did so by borrowing more money. This included loans, and borrowing from friends and families.
In Iceland, 90% of workers join these organizations to advocate for fair pay. What are these organizations called?
Trade unions.
Heavier taxes on this were suggested in the article to help improve the wealth gap
Taxes on inheritance
What percentage of African Americans experience financial hardships in comparison to white households?
64.1 percent of African Americans who used their savings to pay for expenses had trouble paying all of their bills, and the same was true for only 49.2 percent of white households.
_______ has contributed to the growing wealth gap between Black and white Americans.
Slavery
Per the article, how many times greater is the NetWorth of a typical white family over a typical black family?
Ten times
What was the goal of Biden's American Job Plan?
to eliminate racial and gender inequities in research and development and science, technology, engineering, and math.
In the U.S, what percentage of workers join trade unions?
10%
What date did the Tulsa Massacre occur?
5/31/21-6/1/21 (either would be acceptable as it was overnight
What is one area of research the CAP conducted to help further racial wealth gaps?
African Americans to overcome their inherent wealth disadvantages across generations. Black households are much less likely than white households to inherit money or receive large financial gifts from parents and grandparents