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Horizontal mobility, which is a type of social mobility, refers to the change of physical space or profession without changes in the economic situation, prestige, and lifestyle of the individual, or the forward or backward movement from one similar group or status to another.
Illustration from a 1916 advertisement for a vocational school in the back of a US magazine. Education has been seen as a key to social mobility and the advertisement appealed to Americans' belief in the possibility of self-betterment as well as threatening the consequences of downward mobility in the great income inequality existing during the Industrial Revolution.
Horizontal integration is the process of a company increasing production of goods or services at the same level of the value chain, in the same industry. A company may do this via internal expansion or through mergers and acquisitions .
Contrary to horizontal integration, which is a consolidation of many firms that handle the same part of the production process, vertical integration is typified by one firm engaged in different parts of production (e.g., growing raw materials, manufacturing, transporting, marketing, and/or retailing). Vertical integration is the degree to which ...
Horizontal integration, when a company increases production of goods or services at the same level of the value chain and in the same industry (e.g via internal expansion, acquisition or merger) Vertical integration , when the supply chain of a company is integrated and owned by that company (i.e. integration of multiple stages of production)
It is expected that in the next 30 years the global top 1%’s global income share will increase by roughly 25% while the bottom 50% will only increase by roughly 9%. [6] This means that the top 1% is earning more than double that of the middle 40%, hence, the entire 1% possess more than double the wealth and income than the entire middle 40-50 ...
Sheller and Urry (2006, 215) place mobilities in the sociological tradition by defining the primordial theorist of mobilities as Georg Simmel (1858–1918). Simmel's essays, "Bridge and Door" (Simmel, 1909 / 1994) and "The Metropolis and Mental Life" (Simmel, 1903 / 2001) identify a uniquely human will to connection, as well as the urban demands of tempo and precision that are satisfied with ...
Increased global mobility has helped to destabilize the prospects of young people looking for reliable work and led to a greater assumption of risk on behalf of young people. [22] Coping strategies push them to put off long-term commitments, decreasing the formation of families and lowering birth rates. Labor market volatility increases the ...