In the US, the Wealthiest One Percent Controls ________ Percent of the of the Wealth

question 71

Short Answer

In the U.S., the wealthiest one percent controls ________ percent of the wealth.

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Definitions:

Citizen Apathy

A situation where individuals in a society do not show interest or concern for the political, social, or cultural life of their community.

Massive Deficits

Significantly large shortfalls where government expenditures exceed revenue.

Surpluses

Situations in which the quantity of a product or service supplied exceeds the quantity demanded, or when revenues exceed expenditures in a budget.

Tax Expenditures

Governmental financial benefits conferred through tax policies, allowing individuals or corporations to reduce their tax liabilities through deductions, exemptions, or credits.