In 2009, many countries, including Canada, suffered a recession in which many people lost their jobs and saw their investments and savings drop dramatically. This is an example of:
A) horizontal mobility
B) structural mobility
C) exchange mobility
D) intergenerational mobility

Question

Quizplus · Accepted Answer

The recession causing people to lose their jobs and see their investments and savings drop dramatically is an example of structural mobility, as it is a change in the economic structure and affects social class positions. Horizontal mobility refers to movement within the same social class level, exchange mobility is when individuals swap positions in the social hierarchy, and intergenerational mobility is when there is a change in social class position between generations.

In 2009, Many Countries, Including Canada, Suffered a Recession in Which