Episode 10: Part 1 How The Racial Wealth Gap Affects Black Households Today
What is the racial wealth gap?
Although the term "racial wealth gap" technically refers to the difference in assets owned by different racial or ethnic groups, this gap results from a range of economic factors that affect the overall economic well-being of these different groups. The term reflects disparities in access to opportunities, means of support, and resources.
The racial wealth gap is the largest of the economic disparities between Black and white Americans, with a white-to-Black per capita wealth ratio of 6 to 1. It is also among the most persistent.
Want to read more? Check out our blog post: Part 1: How The Racial Wealth Gap Affects Black Households Today
Want to learn more? Click the audio to tune in to our latest episode below