SOLUTION: Does Technology Cause Income Inequality Presentation

Hi, the paper is ready. Thanks Technological Influence onIncome InequalityStudent’s NameCourse InformationThe State ofIncome Inequalityin AmericaThe rate of increase inwages per householdscontinue to ensure incomeinequality.The top 5% of the rich earn23% of national incomeTheir average householdincome is $451,122The top 20% of the richearn 51.9% of nationalincomeThe bottom 20% earn 3.1%of the nation’s income600,000500,000Lowestfifth400,000Secondfifth300,000Middlefifth200,000Fourthfifth100,000Highestfifth0Top 5percent201920182017Increase in Wages According toHousehold Income RangesTrend of Job Prevalence SinceInvention of Technology• There has been gradual loss of manual labor in the workplace• Technology created jobs do not bring back such jobs0.60.50.40.3Non-Routine Cognitive0.2Routine0.1Non-Routine Manual01020304050Progression of Jobs6070Technologyand Increasein WagesIncrease in WagesTechnology resulted ina system that rewardsmore productiveworkersThe increase in wages…

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