economic privilege
Wealth-based head start
Economic privilege is the advantages that come with having money or financial security—access to better education, healthcare, housing, legal representation, and opportunities that remain out of reach for those with less.
Unlike privileges tied to identity, economic privilege can be gained or lost: She acknowledged her economic privilege growing up in a wealthy suburb.
The term often appears in discussions of class, inequality, and who gets second chances.
- wealthAbundance of valuable resources
- affluenceAbundance of money
- eliteSuperior select group
- old boys clubInformal male power network
- inheritanceProperty received from ancestors
trust fund · trust fund baby · old money · nepotism · connections · access · silver spoon · country club · country estate · ivy league · gated community · tax shelter · golden parachute · luxury · entitlement · class · status · opportunity
economic privilegepoverty
Severe lack of resources
destitution · economic hardship · financial hardship · indigence · impoverishment
economic privilegebootstrapping
Self-starting without external input
meritocracy · pulling oneself up by one's bootstraps · rags-to-riches
economic, economical, economically, economics, economy, economies, economist, economists, economize