Which of the following scenarios best illustrates the concept of downward mobility in the context of wealth accumulation?

Downward mobility in wealth accumulation happens when a person's financial situation worsens, leading to a lower social or economic status. For example, imagine a family that once owned a successful business, allowing them to live comfortably and provide for their children. However, due to unexpected circumstances like a recession or poor management, the business fails, and the family loses their home and savings. As a result, they may have to move to a less expensive neighborhood and struggle to pay for basic needs, illustrating how they have moved down the economic ladder. This scenario shows how changes in circumstances can lead to a decline in wealth and overall quality of life.