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An 1880 painting by Jean-Eugène Buland showing a stark contrast in socioeconomic status. Socioeconomic status (SES) is an economic and sociological combined total measure of a person's work experience and of an individual's or family's access to economic resources and social position in relation to others.
Countries closest to the axis in the left bottom have the highest levels of socio-economic equality and socio-economic mobility. In 2012, a graph plotting the relationship between income inequality and intergenerational social mobility in the United States and twelve other developed countries—dubbed "The Great Gatsby Curve" [ 40 ] —showed ...
"Highly unequal investments in human capital, combined with increasing disparities in economic opportunity and political power, lead to increasing inequalities and stratification both across and within countries. Over time, a gap widens between an internationally-connected society that contributes to knowledge- and capital-intensive sectors of ...
Stiglitz later argued that inequality may explain political questions – such as why America's infrastructure (and other public investments) are deteriorating, [60]: 92 or the country's recent relative lack of reluctance to engage in military conflicts such as the 2003 Iraq war. Top-earning families have the money to buy their own education ...
An economic system, or economic order, [1] is a system of production, resource allocation and distribution of goods and services within a society. It includes the combination of the various institutions , agencies, entities, decision-making processes, and patterns of consumption that comprise the economic structure of a given community.
This list of U.S. states by socioeconomic factors, unless otherwise footnoted, is taken from the "Quick Facts" web pages of the United States Census Bureau and the Population Health Institute of the University of Wisconsin.
Socio-economic statistics (10 P) Pages in category "Socioeconomics" The following 18 pages are in this category, out of 18 total. This list may not reflect recent ...
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 ...