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# Wealth of Nations

## What does a fair wealth distribution look like?

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.