Economic mobility refers to __________________.    Recessions (caused by Capitalism?) make things worse for the poor because they are so vulnerable to price fluctuations   We are losing the middle class and the U.S. is becoming more separated into rich and/vs. poor.   The ability of an individual, family or some other group to improve (or lower) their economic status—usually measured in income.   A company's ability to pay its bills from cash or from assets that can be turned into cash very quickly

Social Psychology (10th Edition)
10th Edition
ISBN:9780134641287
Author:Elliot Aronson, Timothy D. Wilson, Robin M. Akert, Samuel R. Sommers
Publisher:Elliot Aronson, Timothy D. Wilson, Robin M. Akert, Samuel R. Sommers
Chapter1: Introducing Social Psychology
Section: Chapter Questions
Problem 1RQ1
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Economic mobility refers to __________________. 

 

  1. Recessions (caused by Capitalism?) make things worse for the poor because they are so vulnerable to price fluctuations

     
  2. We are losing the middle class and the U.S. is becoming more separated into rich and/vs. poor.

     
  3. The ability of an individual, family or some other group to improve (or lower) their economic status—usually measured in income.

     
  4. A company's ability to pay its bills from cash or from assets that can be turned into cash very quickly

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