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Political Factoid

Cultural differences skew typical
statistical data, e.g., household income
averages, medians, etc.
and likewise for household wealth.

 
Compare:
  • A culture where most households have
    two parents and maybe a couple of
    teenagers over the age of 15.
    Classical American family "sterotype"
     
  • A culture where large, multi-generation,
    multi-families are prevalent
    Many wage earners over age 15
    in the same "household."
    - Higher average household income
    - Higher average household wealth
     
  • A culture dominated by high numbers
    of "broken homes," single parents with
    small children, jobless teenagers, etc.
    The absent parent living apart counts
    as a separate "household" to the
    statisticians.
     
    End results are lower "household" average
    income and lower average wealth.
     
  • A culture of wealthy elite
    where large family fortunes have been
    passed down from generation to generation
    - cumulative inheritances
    - most current income from other than wages
cf.  3728
-30-

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Last updated * 2013-01-05
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