Americans have generally tolerated great differences among rich and poor citizens because:_________

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24-08-2022
Social Studies

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Americans have generally tolerated great differences among rich and poor citizens because:_________

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Tundexi Tundexi · Answer 1 · 2022-08-30T17:59:32+02:00

The Americans have generally tolerated great differences among rich and poor citizens because they believe that mobility is possible and that economic success is the product of individual effort.

What is the great difference called?

It is known as economic inequality, it means the the gap between rich and poor as well as the disparities in the distribution of wealth (accumulated assets) and income.

It is also an unequal distribution of income and opportunity between different groups in society and this is a major concern in almost all countries around the world.

Therefore, the Americans have generally tolerated great differences among rich and poor citizens because they believe that mobility is possible and that economic success is the product of individual effort.