Patrick graduated college and worked as a financial analyst for three years. The firm he worked for experienced a crisis due to fraudulent activity and he was laid off. He enjoyed a comfortable upper class lifestyle before he was laid off. After months of being unemployed, his house was under foreclosure and he suffered a devastating illness. Due to his special medical needs he went on government assistance and moved in with his brother's family. Patrick's shifting class position illustrates ______.
A) intragenerational mobility
B) intergenerational mobility
C) redistribution
D) meritocracy
Correct Answer:
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