America is one of the most unequal countries on the planet in terms of wealth distribution, with a huge gap between the rich and poor. Low social security benefits and a lack of universal healthcare only add to the country's poverty problem, yet 70% of Americans believe it's a necessary byproduct of living in a free market economy, according to data from Statista. Even more shockingly, 13 million US residents know somebody who died because they couldn't afford medical care. And the issue is only getting worse, as the percentage of people in poverty has risen from 16.8% as recorded by the OECD back in 2014.

Now discover some other shocking facts about America's finances

The world’s richest countries with the highest poverty levels revealed