Many people became instant millionaires during the so-called dot-com boom of the late 1990s,though we usually think of social mobility as a result of individual effort.This is an example of
A) structural mobility.
B) wise investing.
C) savvy technological genius.
D) horizontal mobility.

Question

Quizplus · Accepted Answer

The sudden rise of the dot-com industry created structural changes in the economy and job market, allowing for new opportunities and mobility for those in the industry. This was not necessarily a result of individual effort or skill, but rather a result of larger structural changes.

Many People Became Instant Millionaires During the So-Called Dot-Com Boom