There is significant wealth mobility both within lifetimes and across generations.

Question

Quizplus · Accepted Answer

Studies have shown that wealth mobility does occur, with individuals and families moving up or down the economic ladder over time. Educational attainment, occupational choices, inheritance, and economic opportunities all play a role in the mobility of wealth. However, the extent to which it occurs varies by country and social and economic factors.

There Is Significant Wealth Mobility Both Within Lifetimes and Across