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What is the difference between income and wealth

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Reference no: EM133590301

Questions:

1. What is the difference between income and wealth? Why does it matter to distinguish between the two? Describe race-based inequalities in both income and wealth presented in course material. 2. Describe how practices such as redlining contribute to wealth inequality (be sure to explain what redlining, and discuss how it illustrate economic, political, and/or ideological power). 3. What was Black Wallstreet and the Tulsa massacre? How does this tragic event relate to the frameworks (Pharr and Weber) of this course? 4. What is Capitalism? In what ways are systems of oppression related to Capitalism? 5. Describe concerted cultivation and how it relates to socialization of children of different socioeconomic statuses.

Reference no: EM133590301

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