True Summary
Focusing on the gender and racial wealth gap that is present in the United States, the text provides many statistics and observations that connect to this issue. In the article with absolutely no bias, it informs its audience of the numbers behind the economy. It is described that families of color own only a fraction of what white families own, as small as one-tenth! The article then proceeds to discuss the effects of this unfortunate lack of wealth, regarding low income and poverty as its primary effects. The text continues to share statistics regarding the unbalance of wealth among races. The enormous difference in net-worth and the amount of people (race specific) that own a house and stocks are examples, all of which having positive outcomes for white people and negative for people of color.
The text then transitions toward the unbalance of wealth among genders. As it did with the racial wealth gap, it is described in a broad sense, stating the obvious of its inequality, though continues with more depth; it provides statistics regarding again: stocks, house ownership and other financial inferiorities, though this time with the context comparing genders.
I specifically chose to write true summary because of the text’s structure. Its primary purpose was to inform its audience, so it attempted to make its topics and subtopics exceedingly easy to spot and prevent the reader from running off on any tangents. Also, there is no bias present in the text and is purely informative, therefore it doesn’t in any way need to be judged.
-Tyler Andrews