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Land of Opportunity, a nickname for the United States, expressing belief in socioeconomic mobility in the United States; Land of Opportunity, a former nickname of Arkansas, United States; Land of Opportunity, a land policy of South Africa's Democratic Alliance party; Embu County, Kenya, whose motto is "The Land of Opportunities"
Research in 2006 found that among high-income countries for which comparable estimates are available, only the United Kingdom had a lower rate of mobility than the United States." [76] Economist Isabel Sawhill concluded that "this challenges the notion of America as the land of opportunity". [77] [78] [79]
For most of its history, especially from the mid-19th to the early-20th centuries, the United States has been known as the "land of opportunity" and in that sense prided and promoted itself on providing individuals with the opportunity to escape from the contexts of their class and family background. [80] Examples of that social mobility include:
As I wrote before Trump’s election in 2016, there was evidence of “deep unrest among Americans who have reason to feel there is too little opportunity in our ‘opportunity society.’ There ...
(see graph) [21] Nobel Prize-winning economist Joseph Stiglitz contends that "Scandinavian countries changed their education systems, social policies and legal frameworks to create societies where there is a higher degree of mobility. That made their countries more into the land of opportunity that America once was." [37]
Map of the United States showing the state nicknames as hogs. Lithograph by Mackwitz, St. Louis, 1884. The following is a table of U.S. state, federal district and territory nicknames, including officially adopted nicknames and other traditional nicknames for the 50 U.S. states, the U.S. federal district, as well as five U.S. territories.
Now, residential and commercial real estate accounts for 25% of the country’s economy. Plunging home prices and failing high-profile developers like Evergrande could create a debt crisis.
According to the 2007 "American Dream Report" study, "by some measurements"—relative mobility between generations—"we are actually a less mobile society than many other nations, including Canada, France, Germany and most Scandinavian countries. This challenges the notion of America as the land of opportunity."