Intergenerational mobility

Definition

Intergenerational mobility is the change in social status between different generations within the same family. It measures how children's social standings, such as income or education level, compare to their parents'.

Related terms

Social Stratification:

The classification of individuals into different layers based on factors like wealth, income, race, education, and power.

Economic Inequality: The unequal distribution of assets, wealth, and income among individuals or groups within a society.

Social Mobility:

The ability of individuals or families to move up or down the social ladder within a society over time