Drama, Film, and Mass Communication homework help. SOC 350Race and Ethnicity in the EconomyIn module three, we explore race and ethnicity in the economy. Our objectives this week are to:· Define “income” and “wealth;”· Recall statistics on income and wealth disparities among whites and people of color;· Explain why economic racial disparities exist;· Determine why some immigrant groups might be more likely to achieve economic success than others; and · Examine affirmative action and white welfare.Please read all the information provided within the module and the indicated course book readings, then proceed to complete and submit this week’s assignments in a timely and effective manner.InstructionsThere is a 250-word and four paragraphs minimum for ALL journal submissions. (1 page)Need it by Friday the 12th, also all assignments are linked to Turnitin.No plagiarism please