The wealthiest 1 percent of U.S. families (the "super-rich") controls about _____ of the nation's privately held wealth.-17 percent-37 percent-67 percent-87 percent



Answer :

The wealthiest 1% of American families are in charge of 37% of the country's privately owned wealth. According to the federal Survey on Consumer Finances, that percentage is now higher than it has ever been.

Federal: What does that mean?

The national government of a federation, as opposed to the legislatures of the constituent units, constitutes a system of governance in which power is shared between a centralized power and a number of member territorial units.

What is an illustration of federal?

The federal government is referred to as such. While each state decides on its own driving age, the federal government sets the voting age. These The Us was a loose coalition prior to the ratification of the Constitution.

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