06 Jul Income and wages are measurable indicators of how prosperity is

Income and wages are measurable indicators of how prosperity is  distributed amongst social class. Wealth, often determined by an  individual’s net worth (assets minus liabilities), is another indicator  that is used to determine class. Wealth for working class families is  measured by their cars, savings, and home. As people improve their  social and economic standing, wealth may include things like stocks and  bonds, commercial real estate, and expensive jewelry.Wealth is an important indicator because it spans past, present,  and future generations. For example, compare the children of parents  who can save money and leave an inheritance with children of parents who  economically struggle and have few assets to pass on to the next  generation. Historically, the creation and accumulation of wealth  provides evidence of the legacy of racism, sexism, and discrimination  and their role in determining class. Black/African Americans, women, and  Hispanic/Latinos have historically been denied the means to obtain  assets and grow wealth. Consider the impact of chronic marginalization  on the Black/African American community’s ability to build wealth. While  the income gaps between various ethnic groups may be decreasing, the  gap between assets remains wide. Data from the Pew Research center show  that the median wealth of Caucasian households is 20 times that of  Black/African American households and 18 times that of Hispanic/Latinos  households in the U.S. (Pew Research Center, 2011).Class extends beyond wealth and other financial indicators.  Class also includes details like the amount of free time you enjoy  (because you are not working three jobs to make ends meet) or feeling  like there is a ‘right’ way to speak and act in order to be heard. For  this Discussion, analyze how classism has impacted your life.Post an analysis of how classism has factored  into your life. Then, explain a strategy you might use as a social  worker to address the impact of class and class differences on the lives  of your clients.APA format use Reference to support your answer Gamble, M. (2010, February 10). Classism: America’s Overlooked Problem. Retrieved from The Rutgers Review: http://www.therutgersreview.com/2018/02/10/classism-americas-overlooked-problem/Please repond to the below:    Classism is more complicated that the  upper, middle, and lower class.  For instance, for my family; when my  mom was ill she was unable to get assistance with any resources because  my dad made too much money because he was receiving a pension that paid  the mortgage and then he worked 15 hours a week at Home Depot to pay the  bills.  They were told they made too much however they couldn’t afford  all their medications.   It seems that the more a person/family earns  the more costs go up.                  When it comes to working  with clients there are going to be clients that are above the poverty  line, yet they won’t be eligible for assistance in which they will need  to make hard decisions regarding their care.  This could include the  medications they take, whether they do any type of therapy, or even  whether they keep medical appointments for continuance of care.  There  will also be clients that have all the necessary resources to afford  what is needed.  Some of the clients that fall into each category may  fall into a race class that contradicts their financial class.  I say  this very cautiously because I personally don’t perceive any one race or  ethnicity to fit in any certain class however there are others that do  and due to their personal opinions, they may or may not see the person  and their needs for what they are.  For example, there may be a  financially stable Hispanic client that is able to afford the necessary  services and medications and they may be treated as if they are of a  lower class, only because of their ethnicity.  There may also be a  client that may have financial resources that are not available to them  such as retirement funds or a nice home that is paid for and yet they  are denied assistance because they have too many financial resources.   It is concerning that someone is able to work hard for what they have  and if they have funds that are allocated for retirement they need to  deplete these funds prior to receiving any financial assistance.