Detailed text transcripts for TV channel - MSNBC - 20190716:19:51:00
Contributing act to the racial wealth gap in the united states. the 2016 median family wealth for white families was $171,000. wealth is defined as total market value of all your assets, security, and property and compare that to 20 thousand the amount for african-americans, one-tenth. by 1920, african-americans made up 10% of the population in the region but represented 14% of farm owners. get this. data from the census bureau and u.s. agricultural department show between 1910 and 1997, black farmers lost around 90% of the land they owned, while white farmers only lost 2% of their land over t...
Source: archive.org