Economic mobility is the ability of an individual, family or some other group to improve (or lower) their economic status—usually measured in income. Economic mobility is often measured by movement between income quintiles. Economic mobility may be considered a type of social mobility, which is often measured in change in income.
Other articles related to "economic mobility, economic, mobility":
... immigrate to the United States in hopes of greater economic opportunities and most first generation immigrants experience a boost in their income from the American economy ... According to studies, there is a great upward jump in economic mobility from the first to the second immigrant generation because of education ... Through intergenerational mobility research, the mobility of immigrants and their children from different nations can be measured ...
Famous quotes containing the words mobility and/or economic:
“One set of messages of the society we live in is: Consume. Grow. Do what you want. Amuse yourselves. The very working of this economic system, which has bestowed these unprecedented liberties, most cherished in the form of physical mobility and material prosperity, depends on encouraging people to defy limits.”
—Susan Sontag (b. 1933)
“Three factorsthe belief that child care is female work, the failure of ex-husbands to support their children, and higher male wages at workhave taken the economic rug from under that half of married women who divorce.”
—Arlie Hochschild (20th century)