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Provide a 6 pages analysis while answering the following question: Americas Wealth. Prepare this assignment according to the guidelines found in the APA Style Guide. An abstract is required.
Provide a 6 pages analysis while answering the following question: Americas Wealth. Prepare this assignment according to the guidelines found in the APA Style Guide. An abstract is required. Certain questions appear to be very problematic for many Americans who seek the American Dream and they have trouble finding the answers. The purpose of this essay is to answer those questions by evaluating what the research literature has to say on the subject. The following discussion will also provide evidence for inequality of wealth in the US to suggest how difficult it is to live the American Dream for Americans themselves, let alone for people coming from other countries. It is this wealth gap or unequal distribution of assets that has led many to claim that a giant revolt could also envelop the country in the near future. Social media in the form of viral YouTube videos has also become more active now than ever before to make it clear just how vicious the wealth gap in the US has become. These kinds of worrisome issues induce one to think if it is really possible anymore to live the American Dream or not.
The concept behind the American Dream is that every person is born equal and is entitled to equal rights and opportunities regardless of gender, racial, cultural, or religious differences. If this is held true, there should be no riots witnessed in the US because every person should be supposedly content and financially stable. However, it is actually the reversal of this idea, upon which the entire belief system of the country is based, that the wealth gap is steadily widening instead of decreasing. Due to the increasing wealth gap, people from the middle class and working class have to suffer the most. In the present times of unbelievably steep rates, it is quite agonizing to survive on a less than $10 per hour salary which is the case for most employees in the US. The rich just keep on getting richer and the poor keep getting poorer. According to the latest report, a giant chunk of the nation’s wealth, as much as 40%, is possessed by the top wealthiest. .
