Michael Mary's profile

The Racial Inequality In Stock Market

The Racial Inequality In Stock Market
The stock market, being an important part of the American economy, had its share of racial inequality. Here are the aspects pointing the racial inequality in the stock market -
There is a huge economic disparity in the accessibility of stocks among people. While 87% of stocks and mutual funds are owned by the richest Americans, only 2% of stocks are owned by black people.
It indirectly prevents blacks from bridging the economic gap between rich whites and the humble blacks in America.
This also makes blacks and Hispanic are more vulnerable to the economic crisis during recessions than the richer half. Thus, the government must take the right measures to reduce this economic gap by providing equal economic opportunities for everyone.
The Racial Inequality In Stock Market
Published:

The Racial Inequality In Stock Market

Published: