Asked by
Kristina Crawford
on Dec 12, 2024Verified
In the United States the degree of individual income mobility (that is, the degree to which people move from higher to lower or lower to higher income groupings) is
A) rigid in both directions.
B) flexible in both directions.
C) flexible upward but rigid downward since high income perpetuates itself from generation to generation.
D) flexible downward but rigid upward since most low-income people never rise significantly above the poverty level.
Income Mobility
The ability of an individual or family to move up or down the economic ladder within a society over time.
Higher Income Groupings
Refers to classifications of individuals or households that earn above a certain threshold of income, often compared within a broader economic context.
Lower Income Groupings
classifications of individuals or families that earn relatively less income compared to the median or average levels within a society.
- Express the mechanisms of income mobility through the lens of socioeconomic structure.
Verified Answer
MT
Learning Objectives
- Express the mechanisms of income mobility through the lens of socioeconomic structure.