Economic mobility
Ability to improve one's economic status / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Economic mobility?
Summarize this article for a 10 year old
SHOW ALL QUESTIONS
For geographic mobility in pursuit of economic advantage, see geographic 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. 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.