All Men Created Unequal: Trends and Factors of Inequality in the United States

Abstract

Although the Gross Domestic Product of the United States has been steadily rising since the 1950s, the gap between rich and poor is increasing (see Figure 1). John Kenneth Galbraith explained the importance of inequality when he stated, “People are poverty-stricken when their income, even if adequate for survival, falls markedly behind that of the community… (More)

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