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Hence, social mobility is the deferred offspring of many welfare states including the United States due to their low public spending incentives. Studies conducted on education spending in the United States have shown that as compared to the private funding of education, only 2.7% of the nation's total GDP is spent towards public education. [87]
Educational equity, also known as equity in education, is a measure of equity in education. [1] Educational equity depends on two main factors. The first is distributive justice, which implies that factors specific to one's personal conditions should not interfere with the potential of academic success.
Education reform, in general, implies a continual effort to modify and improve the institution of education. [4] Over time, as the needs and values of society change, attitudes towards public education change. [5] As a social institution, education plays an integral role in the process of socialization. [6] "Socialization is broadly composed of ...
Social change may not refer to the notion of social progress or sociocultural evolution, the philosophical idea that society moves forward by evolutionary means.It may refer to a paradigmatic change in the socio-economic structure, for instance the transition from feudalism to capitalism, or hypothetical future transition to some form of post-capitalism.
How strongly economic and social mobility are related depends on the strength of the intergenerational relationship between class and income of parents and kids, and "the covariance between parents' and children's class position". [28] Economic and social mobility can also be thought of as following the Great Gatsby curve. This curve ...
[5] Relative mobility is a zero-sum game, absolute is not. Exchange mobility is the mobility that results from a "reshuffling" of incomes among the economic agents, with no change in the income amounts. For example, in the case of two agents, a change in income distribution might be {1,2}->{2,1}. This is a case of pure exchange mobility, since ...
Education economics or the economics of education is the study of economic issues relating to education, including the demand for education, the financing and provision of education, and the comparative efficiency of various educational programs and policies. From early works on the relationship between schooling and labor market outcomes for ...
Schooling in Capitalist America: Educational Reform and the Contradictions of Economic Life is a 1976 book by economists Samuel Bowles and Herbert Gintis.Widely considered a groundbreaking work in sociology of education, [citation needed] it argues the "correspondence principle" explains how the internal organization of schools corresponds to the internal organisation of the capitalist ...