What is the importance of looking at wealth? (12: ravels a crucial dimension of the seeming paradox of continued racial inequality in american society, helped solve the riddle of seeming black progress alongside economic deterioration. Has grown but also has fallen still behind the whites: reveals an array of insight into black and white inequality that challenges our conception of racial and social justice in america. What was the southern homestead act? (14: provided a legal basis and mechanism to promote black landownership (1866, applied only to non-confederate whites but not blacks (1862) 1st they were given 60 acres and then 180 acres by the next year: reason to believe that slaves will become yeomanry farmers. It failed to make newly free blacks into a landowning class. This one did not restrict the confederates very much so 70% of the applications were from whites.