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Wealth Distribution in the US

Wealth Distribution in the USUnited States of America consists of 50 states and one federal district, with capital in Washington. Unites States has the largest economy in the world, with a nominal GDP of $ 16.8 trillion by the year 2013.[1] The U.S. is a big producer of oil and largest producer of natural gas. It has the second place in the trade after China.[2] Moreover U.S. is the largest financial center in the world with a center in New York. The unemployment is 7.7% by the year 2013, meaning 12 million people,[3] whereas the population represents 315 million. It is a huge country with a huge territory and due to the differences in living standard of the population; the distribution of income and wealth is extremely unequal.1.1 Current status on wealth distributionWealth inequality means the unequal distribution of assets among American inhabitants in the United States. Assets or wealth refers to everything what the family or a person possess minus all debts e.g.