Women and Wealth: A Study of the Economic Status of American Women

Women and Wealth: A Study of the Economic Status of American Women

Women and Wealth: A Study of the Economic Status of American Women

Women and Wealth: A Study of the Economic Status of American Women

Excerpt

The aim of this study is to portray the economic status of women in the United States. These women receive and own a very large share of the income and wealth of the country, but heretofore there has been no adequate attempt to measure their financial power, even though such indexes as taxation data, insurance policies, wage studies, lists of stockholders, and probate court records supply a very suggestive measure of the wealth and income owned and received by women.

It is a sad commentary on American society that riches are frequently considered a true measure of the worth of an individual. Nevertheless, the need of each person for some financial security should be stressed. Lack of financial security leads to a lowered standard of living -- inadequate food, clothing, shelter, recreation, and medical care. The results of inadequate incomes are shown in the correlation between low money incomes and high infant mortality rates, high sickness rates, high death rates, increased crime and delinquency and overcrowding. During recent years, with employment and production continuing downward, attention has been focused on the maldistribution of wealth in this country. The tragic lot which has befallen many of the most stable, hardworking American citizens because of the lack of any financial resources has forced the public to realize the importance to each individual of having control over a reasonable share of the wealth and income of the nation.

The ideal world would be one in which no single family was without the income essential to maintain physical health, normal family life, material comfort, and to offer opportunity for intellectual stimulus, relaxation, and cultural development. In the ideal economic . . .

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