Gross National Income & Foreclosure Crisis Economics
Gross National Income & Foreclosure Crisis Economics and Housing Questions
Chapters 4 and 5
Please answer the following questions in complete sentences.
1. What nation is the most affluent highest Gross National Income) on the planet?
2. What are the two main ways the government distributes or redistributes wealth?
3. Which two occupations did the Social Security Act bar from participation?
4. What were at least three benefits of the G.I. Bill?
5. Is it the case the “poor whites possess more wealth that well-off blacks?
6. Beginning on page 135, list three institutional practices that contribute to today’s wealth disparities.
7. Because of the foreclosure crisis, how much of their wealth did Latinx (Hispanic) families lose?
8. How did deindustrialization contribute to the U.S. poverty rate? Define that term.
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