If people's incomes are mostly predicted by the income of their parents the country has a low level of ______.

Question

Quizplus · Accepted Answer

Intergenerational mobility refers to the ability of people to move up or down the income ladder compared to their parents. If people's incomes are mostly predicted by the income of their parents, it suggests that there is a low level of intergenerational mobility. Neoliberalism and polarization are not directly related to this concept, and intragenerational mobility refers to income mobility within a person's own lifetime rather than between generations.

If People's Incomes Are Mostly Predicted by the Income of Their