Children in the U.S.are more apt to reproduce their parents' social class level which shows that the Horatio Alger myth of rags to riches is indeed a myth.

Question

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Studies have shown that social mobility in the U.S. is relatively low and that children are more likely to remain in the same social class as their parents, indicating that the "American Dream" of moving up the socioeconomic ladder is not easily achievable for everyone.