How does economic status of parents influence the job mobility of their children, and what implications does this have for economic inequality in society?

The economic status of parents plays a big role in shaping the job opportunities for their children. When parents have higher incomes and better jobs, they can provide their children with more resources, like education and connections, which help them find good jobs later. For example, a child from a wealthy family might attend a prestigious school and meet influential people, giving them a better chance at landing a high-paying job. In contrast, children from low-income families may struggle to access the same quality of education and support, making it harder for them to move up in their careers. This cycle can lead to greater economic inequality in society because it limits opportunities for those from less wealthy backgrounds.