Closing the Wealth Gap in African American Communities: Strategies for Change 

Closing the Wealth Gap in African American Communities: Strategies for Change
The wealth gap between African Americans and other racial groups remains a persistent challenge in the United States. According to the Federal Reserve, the average wealth of white families is nearly eight times that of Black families, a gap fueled by historical and structural inequalities. This disparity limits access to education, homeownership, business opportunities, and other critical wealth-building resources, making it difficult for African American families to achieve long-term financial stability. However, targeted strategies can help bridge this divide and foster economic growth within African American communities.
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