Uncovering Poverty In The Black Belt by Looking Through History

Poster Number

51

Session Title

Poster Session 3

College

College of Business Administration

Department

Accounting, Finance & Economics

Faculty Mentor

Nicholas Moellman, Ph.D.

Abstract

The American Dream is perceived as an achievable fantasy for anyone able who is a citizen in this country, but historically in the United States the south has had the highest rates of poverty, specifically in the black belt. The black belt is the region of the southern US with fertile soil and a high population of African Americans. The United States has one of the lowest measures of intergenerational income mobility compared to other developed countries and this is significantly lower in the south compared to the rest of the country. In my paper I look at the history of the United States that helped influence enumerate conditions in this region like slavery and segregation. These early inequalities significantly contributed to factors like family structure and education in the south today, which further exacerbate intergenerational mobility among African Americans.

Course Assignment

ECON 348X - Moellman

Type of Presentation

Poster presentation

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Uncovering Poverty In The Black Belt by Looking Through History

The American Dream is perceived as an achievable fantasy for anyone able who is a citizen in this country, but historically in the United States the south has had the highest rates of poverty, specifically in the black belt. The black belt is the region of the southern US with fertile soil and a high population of African Americans. The United States has one of the lowest measures of intergenerational income mobility compared to other developed countries and this is significantly lower in the south compared to the rest of the country. In my paper I look at the history of the United States that helped influence enumerate conditions in this region like slavery and segregation. These early inequalities significantly contributed to factors like family structure and education in the south today, which further exacerbate intergenerational mobility among African Americans.