Question

In: Economics

In a few paragraphs elaborate and compre 4 United States cities based on income education, gender,...

In a few paragraphs elaborate and compre 4 United States cities based on income education, gender, race (specifically white, black, and Hispanics) based on welfare. Why is this so? use two graphs to explain your view.

Solutions

Expert Solution

US economy is mixed, large and developed one , If we explore the past and current trends in economy on the basis of :

  • Income   
  • Education
  • Gender
  • Race   

US cities - Atlanta , Virgina ,chicago , boston

Income - Income inequality grown across the US cities ; now a sharp increase of  expenses in urban areas. Gini coefficient is used to measure it. 0 to 1 ( 0- low inequality, 1- highest)

Virgina 0.43
Chicago 0.52
Boston 0.53
Atlanta 0.57

Education- human capital is essential for the economic growth. Role of education or talent has concentrated in a relatively small number of cities, shows a growth divergence in talent across the places.

Education disparity

Gender and race issues-  measure of the gender gap means the difference between men and women in different races role in the economic , social , political aspects ( races in US are mainly white,African Americans, Hispanics,Native Americans, Asian Americans).

Men - blue  

Women

Red


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