The upper class represents just 1 percent of the U.S. population, but it has more wealth than the entire bottom 90 percent.
True or False
Answer (1)
The statement about the upper class holding more wealth than the bottom 90 percent is true, illustrating significant wealth inequality in the U.S. The top 1 percent controls a large portion of the total wealth, reflecting the disparity in income distribution. This raises important questions about economic policy and societal impact. ;
