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Social mobility is the movement of individuals, families, households or other categories of people within or between social strata in a society. [1] It is a change in social status relative to one's current social location within a given society. This movement occurs between layers or tiers in an open system of social stratification.
Yuppie. Yuppie, short for " young urban professional " or " young upwardly-mobile professional ", [1] [2] is a term coined in the early 1980s for a young professional person working in a city. [3] The term is first attested in 1980, when it was used as a fairly neutral demographic label, but by the mid-to-late 1980s, when a "yuppie backlash ...
Young, upwardly mobile, and professional described the trajectory for many Americans in the 1980s, and caused us to coin the word "Yuppies." But today, in the 2010s, the trajectory is the opposite ...
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.
One aspect of any really big decision is the degree to which it changes one's identity. The little decisions are things that can be reversed, replaced, or otherwise ignored, while the big ones ...
Gentrification is a housing, economic, and health issue that affects a community's history and culture and reduces social capital. It often shifts a neighborhood's characteristics, e.g., racial-ethnic composition and household income, by adding new stores and resources in previously run-down neighborhoods.
Socioeconomic mobility in the United States refers to the upward or downward movement of Americans from one social class or economic level to another, [2] through job changes, inheritance, marriage, connections, tax changes, innovation, illegal activities, hard work, lobbying, luck, health changes or other factors.
Thursday’s better-than-expected data pushed up the Dow by more than 700 points in the afternoon session. The S&P 500 was 2.3% higher and the Nasdaq Composite gained close to 3%. Treasury yields ...