Wealth and Captial
Wealth and Capital: Relationship with Race and Crime
Income and wealth are two very different animals- someone's income constitutes their salary, hourly wage and other forms of income; but, wealth is a different term that embodies several different forms of having cash- wealth includes net worth which includes homes, cars, and stock portfolios, among other things. Though these concepts have definitions, in a sociological sense, wealth is reflected in society in a different way. Being wealthy is having access to the resources and things, whether it means educational resources, or living and being able to sustain a certain lifestyle that includes large homes, luxury cars and high end designer labels in regards to fashion. It seems that wealth is reserved for the Caucasian and other "white populations," while people who rely mainly on income are those of the minority race. Stereotypically, ghettos are made up of African-Americans,...
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