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Explain the difference between income inequality and wealth inequality in the United States

Instructions

Choose one question from each of the question sets below (2 sets total). In other words, you will be answering two questions
total (1 from each set).

Question Set 1

Explain the difference between income inequality and wealth inequality in the United States. Explain the racial
wealth gap.
What is social stratification? Examine four common ways or systems in which groups have become stratified. How does race or ethnicity play a role in the stratification?
Briefly compare and contrast a Weberian approach and a Marxian approach to characterize the social classes in the United States. In a Weberian approach, what are social classes based on or how are they understood? In a Marxian approach, how is class understood? In a Weberian approach, how is the racial wealth gap understood? In a Marxian approach, how is the racial
wealth gap understood?

Question Set 2

Explain some characteristics of the U.S. poor based on age, gender, and race or ethnicity. Predicts people’s relative chances of being poor based on age, gender, or race, for example.
Explain the Gini index and its relationship to global  inequality. Compare the Gini coefficient for the United States with that of other nations.
What is global stratification? Examine globa stratification’s relationship to economic inequality.

Writing Requirements (APA format)

Length: 1-2 pages (not including References page)
1-inch margins
Double spaced
12-point Times New Roman font
Running header in the upper left of all pages
Page number in the upper right of all pages
Parenthetical in-text citations included and formatted in
APA style
References page (at the very least the textbook and/or
online lessons should be cited)

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