PSYC-2430 Lecture Notes - Lecture 15: Economic Inequality
Document Summary
Assets would be like a house, money in the bank, or stocks. How much you have minus how much you owe. 1/5 people own 67% of the wealth in canada. Apparently the economy is doing well, but people are not seeing the results of it, it"s going to big companies. The richest 20% has had a 50% increase. The middle have had a 10% bene t. The poorest have experienced basically no bene t. Average ceo earns 331 times as much as average workers.