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Income
Money received from employment, retirement, or government assistance.
Wealth
Assets someone owns, such as savings, houses, stocks, and businesses.
Income vs. Wealth
Income is money received over time; wealth is the total value of assets owned.
Wealth Inequality
The unequal distribution of wealth and assets among different groups.
Racial Wealth Gap
The difference in accumulated wealth between racial groups.
Intergenerational Wealth
Wealth and resources passed from parents to children.
Accumulated Advantage
When benefits and opportunities build up over generations, giving some groups greater advantages.
New Deal Programs
Government programs created during the Great Depression to provide jobs, economic assistance, and worker protections.
New Deal and Racial Inequality
Many people of color were excluded from benefits because of discriminatory policies and pressure from Southern Democrats.
GI Bill of Rights (1944)
Provided veterans with benefits that helped expand the middle class, but many non-White veterans were excluded.
Industrialization
The growth of manufacturing and factory jobs that created economic opportunities.
Deindustrialization
The decline of industrial jobs that increased economic inequality, especially for Black and Puerto Rican workers.
Reaganomics
Economic policies emphasizing tax cuts for wealthy people, reduced welfare spending, and supply-side economics.
Supply-Side Economics
The idea that cutting taxes on wealthy people encourages investment, job creation, and economic growth.
Politics of Austerity
Reducing government spending on welfare and social programs.
Baker (2022)
Found that states with stronger histories of racial oppression had higher Black poverty rates and larger Black-White poverty gaps.
Historical Racial Regime (HRR) Scale
A measure of historical racial oppression using slavery, sharecropping, voter disenfranchisement, and school segregation.
HRR Study Main Finding
Higher historical racial oppression was associated with higher Black poverty rates but not higher White poverty rates.
Kraus et al. (2017)
Found that Americans underestimate Black-White economic inequality and overestimate racial progress.
Poverty Rate
The percentage of people in a group who live below the poverty line.
Which racial group makes up the largest share of people in poverty?
White Americans, according to the 2020 Census data presented in lecture.
Which racial groups are overrepresented in poverty?
Black and Hispanic Americans have higher poverty rates than White Americans in the lecture data.
Great Recession and Racial Wealth Gap
Black, Hispanic, and Asian households experienced larger percentage declines in median wealth than White households.
Job Discrimination
Unequal treatment of job applicants or workers because of race or ethnicity.
Audit Studies
Research that compares similar applicants to test whether race or other characteristics affect how they are treated.
Emily and Greg vs. Lakisha and Jamal
A study finding that White-sounding names received 50% more job callbacks than Black-sounding names.
Employment Discrimination and Criminal Records
The audit studies showed that race affected job callbacks even when applicants had similar qualifications or criminal records.
Occupational Segregation
When racial or ethnic groups are concentrated in different types of jobs.
Occupational Segregation and Wages
Majority-White jobs generally paid more than majority-Black and majority-Hispanic jobs in the lecture data.
Collective Bargaining
Workers negotiating together, often through unions, for better wages and working conditions.
Loan Discrimination
When banks treat borrowers differently based on race, including denying loans or charging higher interest rates.
Redlining
Discriminatory lending practices that disadvantage neighborhoods associated with racial minorities.
Appraisal Discrimination
When homes are valued differently because of the race of the homeowner or neighborhood.
Disenfranchisement
Preventing or restricting people from exercising their right to vote.
13th Amendment
Abolished slavery in the United States.
14th Amendment
Established citizenship rights and equal protection under the law.
15th Amendment
Prohibited denying voting rights based on race, color, or previous enslavement.
Jim Crow Laws
Laws and practices that enforced racial segregation and discrimination.
Poll Tax
A fee required to vote that was historically used to prevent Black and poor Americans from voting.
Literacy Tests
Reading and interpretation tests used to prevent Black Americans from voting.
Montgomery Bus Boycott (1955-1956)
A 381-day protest against racial segregation on public buses in Montgomery, Alabama.
Freedom Rides (1961)
Civil Rights activists challenged segregation in interstate bus transportation and terminals.
Birmingham Movement (1963)
A Civil Rights campaign that gained national attention and increased pressure for federal civil rights legislation.
Freedom Summer (1964)
A campaign focused on increasing Black voter registration and providing educational opportunities.
Civil Rights Act of 1964
Prohibited segregation in public accommodations and discrimination in employment.
Voting Rights Act of 1965
Outlawed discriminatory voting requirements, including literacy tests.
Preclearance
A requirement that certain jurisdictions with histories of voting discrimination obtain federal approval before changing voting rules.
Southern Strategy
A political strategy that appealed to White voters through racial resentment and opposition to racial justice.
Voter Suppression
Policies or actions that make voting more difficult for certain groups.
Modern Voter Suppression
Restrictions such as strict photo ID rules, registration barriers, reduced early voting, and absentee voting restrictions.
Shelby County v. Holder (2013)
A Supreme Court decision that weakened the Voting Rights Act's preclearance system.