Overview
Class inequality and mobility are critical concepts in understanding how society functions. Class inequality refers to the disparities in wealth, opportunities, and privileges among different social classes. This inequality can significantly impact individuals' lives, affecting their access to educa...
Key Terms
Example: People in the upper class often have more wealth and influence.
Example: A person moving from a low-income job to a high-paying career shows upward mobility.
Example: In many countries, wealth is concentrated in the hands of a few.
Example: A Gini coefficient of 0 represents perfect equality, while 1 indicates maximum inequality.
Example: Higher education often leads to upward mobility.
Example: Job loss can lead to downward mobility.