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Economic mobility

Index Economic mobility

Economic mobility is the ability of an individual, family or some other group to improve (or lower) their economic status—usually measured in income. [1]

27 relations: Black people, Brookings Institution, Congressional Budget Office, Deindustrialization, Economic growth, Economic inequality, Economy, Emmanuel Saez, Equal opportunity, Gini coefficient, Great Gatsby curve, Household income in the United States, Immigration, Income, Income inequality in the United States, Industrial Revolution, Involuntary unemployment, Job creation index, Polarization (economics), Race (human categorization), Social mobility, Social status, Socioeconomic mobility in the United States, Socioeconomic status, Sweden, Unemployment, White people.

Black people

Black people is a term used in certain countries, often in socially based systems of racial classification or of ethnicity, to describe persons who are perceived to be dark-skinned compared to other populations.

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Brookings Institution

The Brookings Institution is a century-old American research group on Think Tank Row in Washington, D.C. It conducts research and education in the social sciences, primarily in economics, metropolitan policy, governance, foreign policy, and global economy and development.

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Congressional Budget Office

The Congressional Budget Office (CBO) is a federal agency within the legislative branch of the United States government that provides budget and economic information to Congress.

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Deindustrialization

Deindustrialization or deindustrialisation is a process of social and economic change caused by the removal or reduction of industrial capacity or activity in a country or region, especially heavy industry or manufacturing industry.

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Economic growth

Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time.

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Economic inequality

Economic inequality is the difference found in various measures of economic well-being among individuals in a group, among groups in a population, or among countries.

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Economy

An economy (from Greek οίκος – "household" and νέμoμαι – "manage") is an area of the production, distribution, or trade, and consumption of goods and services by different agents.

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Emmanuel Saez

Emmanuel Saez (born November 26, 1972) is a French and American economist who is Professor of Economics at the University of California, Berkeley.

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Equal opportunity

Equal opportunity arises from the similar treatment of all people, unhampered by artificial barriers or prejudices or preferences, except when particular distinctions can be explicitly justified.

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Gini coefficient

In economics, the Gini coefficient (sometimes expressed as a Gini ratio or a normalized Gini index) is a measure of statistical dispersion intended to represent the income or wealth distribution of a nation's residents, and is the most commonly used measurement of inequality.

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Great Gatsby curve

The Great Gatsby curve is a chart plotting the (positive) relationship between inequality and intergenerational social immobility in several countries around the world.

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Household income in the United States

Household income is an economic measure that can be applied to one household, or aggregated across a large group such as a county, city, or the whole country.

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Immigration

Immigration is the international movement of people into a destination country of which they are not natives or where they do not possess citizenship in order to settle or reside there, especially as permanent residents or naturalized citizens, or to take up employment as a migrant worker or temporarily as a foreign worker.

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Income

Income is the consumption and savings opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms.

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Income inequality in the United States

Income inequality in the United States has increased significantly since the 1970s after several decades of stability, meaning the share of the nation's income received by higher income households has increased.

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Industrial Revolution

The Industrial Revolution was the transition to new manufacturing processes in the period from about 1760 to sometime between 1820 and 1840.

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Involuntary unemployment

Involuntary unemployment occurs when a person is willing to work at the prevailing wage yet is unemployed.

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Job creation index

A job creation index is a measure of net hiring of full- and part-time adult workers.

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Polarization (economics)

Economists refer to the polarization of the labor force when middle-class jobs—requiring a moderate level of skills, like autoworkers’ jobs—seem to disappear relative to those at the bottom, requiring few skills, and those at the top, requiring greater skill levels.

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Race (human categorization)

A race is a grouping of humans based on shared physical or social qualities into categories generally viewed as distinct by society.

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Social mobility

Social mobility is the movement of individuals, families, households, or other categories of people within or between social strata in a society.

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Social status

Social status is the relative respect, competence, and deference accorded to people, groups, and organizations in a society.

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Socioeconomic mobility in the United States

Socioeconomic mobility in the United States refers to the upward or downward movement of Americans from one social class or economic level to another, through job changes, inheritance, marriage, connections, tax changes, innovation, illegal activities, hard work, lobbying, luck, health changes or other factors.

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Socioeconomic status

Socioeconomic status (SES) is an economic and sociological combined total measure of a person's work experience and of an individual's or family's economic and social position in relation to others, based on income, education, and occupation.

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Sweden

Sweden (Sverige), officially the Kingdom of Sweden (Swedish), is a Scandinavian country in Northern Europe.

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Unemployment

Unemployment is the situation of actively looking for employment but not being currently employed.

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White people

White people is a racial classification specifier, used mostly for people of European descent; depending on context, nationality, and point of view, the term has at times been expanded to encompass certain persons of North African, Middle Eastern, and South Asian descent, persons who are often considered non-white in other contexts.

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Redirects here:

Income mobility.

References

[1] https://en.wikipedia.org/wiki/Economic_mobility

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