Racial Wealth Gap

231 Words1 Pages
Another important aspect in closing the racial wealth gap that exist between African households in comparison to white households is income. According to the article, The Roots of the Widening Racial Wealth Gap: Explaining the Black-White Economic Divide: “national, state, and local levels, including raising the minimum wage, enforcing equal pay provisions, and strengthening employer-based retirement plans and other benefits.”(). Increasing minimum wage allow individuals to increase their disposable income which will also encourage individuals to save more. Also, enforcing employer-based retirement plans and benefits can allow individuals to have an income to sustain themselves when they are exiting the work force. Also, bring back and funding