income mobility
Economic ladder climbing
Income mobility is the ability of individuals or families to move between income levels over time, either within their own lifetime or across generations.
High income mobility means economic status isn't fixed—someone born poor can become wealthy, or vice versa.
Studies show income mobility has declined in recent decades.
The concept often appears in debates about economic opportunity and the American Dream.
- upwardToward a higher position
- social ladderHierarchy of societal status
- ladderPortable climbing frame
- climbAscend using effort
- bootstrapStart without external resources
moving up · rags-to-riches · opportunity · economic opportunity · wealth · intergenerational wealth · poverty · escape · generational · class · economic · advancement · stagnation · inequality · meritocracy · wages · education · barriers
income mobilitycaste system
Hereditary class division
social stratification · feudalism · plutocracy · glass ceiling · structural inequality
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