Income Distribution and Inequality in the US

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which of the following is NOT an indicator of high income inequality?

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1. Which of the following statements is true?

2. The richest 20% of households in America own approximately how much of America's wealth?

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About This Quiz & Worksheet

Use the worksheet and quiz to find out how much you comprehend about U.S. income distribution and inequality. Questions assess the income gap and how it is has exponentially grown since 1980.

Quiz & Worksheet Goals

Use the worksheet and quiz to:

  • Determine indicators of income inequality
  • Identify a factual statement about our economy with regard to how it becomes inequal
  • Name the percentage of wealth held by the richest 20% of American households
  • Give the average CEO-to-average employee ratio of compensation
  • Interpret the rate of income increased for bottom earners compared to that of the top earners since 1980

Skills Practiced

Practice the following skills:

  • Making connections - use understanding of the concept of the indicators of wealth division and how it is connected to a growing income inequality
  • Distinguishing differences - compare and contrast topics from the lesson, such as top earners and bottom earners
  • Knowledge application - use your knowledge to answer questions about U.S. income distribution and inequality

Additional Learning

Delve deeper into this subject of wealth distribution in America and how it affects you with the lesson entitled Income Distribution and Inequality in the U.S. As you review the lesson, you will cover the following study objectives:

  • Understand GDP
  • Compare and contrast income distribution and income inequality
  • Recognize the ways of measuring income distribution and inequality in income
  • Explain why the U.S. has such high income inequality and how much it has changed, over time
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