What Do You Think Are the Reasons for the Widening

question 8

Essay

What do you think are the reasons for the widening gap in wealth in the United States? Can or should something be done about them? Explain.

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Definitions:

Non-Hispanic White

A term used in the United States to refer to people who identify as white and are not of Hispanic or Latino origin.

Federal Deficit

The financial shortfall when a government's expenditures exceed its revenues within a given fiscal year, leading to increased national debt.

Bill Clinton

The 42nd President of the United States, who served from 1993 to 2001 and was involved in numerous political and social initiatives.

Executive Compensation

Refers to the financial payments and benefits given to senior executives of a company, including salaries, bonuses, stock options, and other perks.