With the recent Occupy Wall Street Movement, the people of the United States keep hearing about the top 1%. How much of the United State's wealth rests in the hands of the wealthiest top 1% of people?

Question

Belen

Social Studies

27 July, 13:48

With the recent Occupy Wall Street Movement, the people of the United States keep hearing about the top 1%. How much of the United State's wealth rests in the hands of the wealthiest top 1% of people?

+5

Answers (1)

Know the Answer?

Zane Chan · Answer 1

The correct answer is 1/3

A third of all wealth is owned by the top 1%, while the top 0.1% owns as much as the bottom 90% of the people. That's why the protests were held.