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7 hours ago · In 1863, two years prior to emancipation, Black people owned 0.5 percent of the national wealth, while in 2019 it is just over 1.5 percent. Racial disparity in poverty rates has narrowed since the civil rights era, with the poverty rate among African Americans decreasing from 24.7% in 2004 to 18.8% in 2020, compared to 10.5% for all Americans.
