If Cynthia, an African American woman, earns an advanced degree, she may earn a similar income to Marie, a white woman with the same degree, and yet she may still have fewer economic resources than Marie. What explanation for this economic gap would BEST demonstrate equity inequality

Question

Social Studies

Marcelo Wood

9 July, 15:17

If Cynthia, an African American woman, earns an advanced degree, she may earn a similar income to Marie, a white woman with the same degree, and yet she may still have fewer economic resources than Marie. What explanation for this economic gap would BEST demonstrate equity inequality

+2

Answers (1)

Know the Answer?

Janet Berger · Answer 1

A) Cynthia did not inherit any property or other assets from her parents or grandparents.

Explanation:

"Equity" refers to the ownership of assets after liabilities have been deducted. This is the value of an asset minus the asset's liabilities.

In the situation above, Cynthia, as an African-American woman, still has fewer economic resources than that of Marie although she already has an advanced degree. This is because African-American women are not allowed to inherit properties because they didn't have the right. So, this leaves her having fewer assets than that of Marie, even though Marie has a similar income to that of hers.

So, this explains the answer.