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Mike used to work on the assembly line at General Motors in Oshawa,making over 20 dollars an hour.Recently an industrial robot was invented that is able to do the same job and requires a technician making only 10 dollars an hour to check the specifications twice per shift.What has happened to Mike's job?
Income
The monetary payment received for goods or services, or from other sources, as rents or investments.
Inequality
The existence of unequal opportunities and rewards for different social positions or statuses within a group or society.
Intergenerational Mobility
The changes in social status that occur from one generation to another within a family or community.
Intragenerational Mobility
The social movement of individuals within their own lifetime, reflecting changes in their social status or class.
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