(Old) Wealth of Nations

What does a fair wealth distribution look like?

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(Old) Wealth of Nations

What does a fair wealth distribution look like?

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What does a fair wealth distribution look like? In the United States, 10% of families own more than 70% of the total wealth. In other places, though, the wealth distributions looks very different...for both good and ill.

Students use mean, median, histograms, and box-and-whisker plots to compare how wealth is distributed in different countries and debate the pros and cons of their ideal distribution.

REAL WORLD TAKEAWAYS

  • The typical impression of wealth distribution in the United States is different than the actual distribution
  • In the United States, the richest 1% control 40% of all the wealth. The bottom 80% control only 7% of the wealth.

MATH OBJECTIVES

  • Calculate mean and median; determine which measure of central tendency is most appropriate
  • Interpret and create box-and-whiskers plots

This complex task is best as a culminating unit activity after students have developed formal knowledge and conceptual understanding.
Grade 6
Data & Distributions
Grade 6
Data & Distributions
Content Standards
Mathematical Practices

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