what does unequal distribution of wealth mean in the great depression
Causes Of The Great Depression More than 60% of the population was living below poverty levels, while a mere 5% of the wealthiest people in America accounted for 33% of the income, and the richest 1% owned 40% of the nationâs wealth. This uneven distribution of wealth was mirrored in the unequal distribution of riches between industry and agriculture. Global Crisis And The Great Depression While America prospered during the 1920s, most of Europe, still reeling from the devastation of World War I, fell into economic decline.