Читать книгу Financial Adulting - Ashley Feinstein Gerstley - Страница 28

Through the Homestead Act, more than 270 million acres⁹ of land (10% of the United States),¹⁰ previously inhabited by Indigenous People, was sold (but really gifted for an extremely discounted price) to citizens and intended citizens for $1.25¹¹ per acre (equivalent to about $34¹² today!) in 1.6 million 160-acre plots. While there isn't much data on the race/ethnicity of homesteaders, it's believed that the overwhelming majority of plots went to white people. In the year 2000, the wealth of more than 46 million adults (25% of the United States) could be traced back to this policy.¹³