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How The Racial Wealth Gap Harms All Races Explained Simply 2021



How The Racial Wealth Gap Harms All Races Explained Simply 2021

We’ve spent February talking about the history of the racial wealth gap. In today’s video, we’ll discuss how the racial wealth gap in America will affect the country’s future if it isn’t addressed. Some of you might be wondering “What is the racial wealth gap?” We deal with defining the racial wealth gap in-depth in this video and several others. This video also addresses the need for building black wealth, as well as Wealth by race in the USA.

Welcome to Smart Money – Personal Finance! We’re putting together a group of videos to discuss Racial income gap during Black History Month. Wealth by race in America is a sensitive subject to tackle, however, I believe we do so with the respect and deference it deserves on this channel. I like to define terms so that everyone is on the same page in our conversation. So I’ll supply the wealth gap definition, as well as addressing other concerns like economic inequality in America, and racial Economic Inequality. And of course, it’s all explained simply in 2021, just like you like it!

0:00 – Hook
0:31 – Intro
1:50 – The Racial Wealth Gap
3:03 – Economic Variations and Demographic
3:42 – The Racial Income Gap
4:17 – How the Racial Wealth Gap Harms All Races?
7:19 – How to Improve the Racial Wealth Gap?

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