Overview
Socioeconomic mobility is a vital concept that reflects the ability of individuals and families to improve their social and economic status. It is influenced by various factors, including education, job opportunities, and systemic barriers. Understanding these dynamics is crucial for addressing ineq...
Key Terms
Example: In many countries, the top 10% earn significantly more than the bottom 10%.
Example: A child born to low-income parents becoming a high-income professional.
Example: Families moving from rural areas to cities for jobs.
Example: Upper class, middle class, and lower class.
Example: A person starting in poverty and becoming wealthy.
Example: Lack of access to quality education.