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The William T. Grant Foundation was established in 1936, originally as the Grant Foundation, by American businessman and philanthropist William Thomas Grant. In 1938, the Foundation funded its first major research project, the Grant Study at Harvard University , in which some of the subjects were followed for over 75 years. [ 4 ]
A particular focus of his research has been school structure, educational inequality, and school reform. [3] In 2013 he became the president of the William T. Grant Foundation, which funds social science research meant to improve the lives of young people. [3]
He retired from both the W. T. Grant Company and the Grant Foundation at age 90, yet still served in an honorary capacity until his death in 1972 in Greenwich, CT at age 96. By that time his nationwide empire of W. T. Grant Co. (Grants) and Grant City stores had grown to almost 1,200, although the company failed in 1975 and was soon liquidated.
Social inequality usually implies the lack of equality of outcome, but may alternatively be conceptualized as a lack of equality in access to opportunity. [1] Social inequality is linked to economic inequality, usually described as the basis of the unequal distribution of income or wealth.
Subsequently, cultural lag does not only apply to this idea only, but also relates to theory and explanation. It helps by identifying and explaining social problems to predict future problems in society. The term was first coined in William F. Ogburn's 1922 work Social Change with Respect to Culture and Original Nature.
Writing in the Harvard Business Review in September 2014, William Lazonick blamed record corporate stock buybacks for reduced investment in the economy and a corresponding impact on prosperity and income inequality. Between 2003 and 2012, the 449 companies in the S&P 500 used 54% of their earnings ($2.4 trillion) to buy back their own stock.
William Strickland, a longtime civil rights activist and supporter of the Black Power movement who worked with Malcom X and other prominent leaders in the 1960s, has died. Strickland, whose death ...
The redistribution of wealth and its practical application are bound to change with the continuous evolution of social norms, politics, and culture. Within developed countries income inequality has become a widely popular issue that has dominated the debate stage for the past few years.