Examlex
Pierre Bourdieu argued that in addition to a family's economic circumstances,two additional key factors affect an individual's social mobility within society.What are these two additional key factors,and how do they differ from each other? What are some examples that best illustrate these two key factors? How can these two factors limit one's social mobility? How can these two factors improve one's social mobility? How do you think these two factors affect your own social mobility in society? Are there individuals in societies who are not affected in any way by either of these factors? Please provide at least one example to support your argument.
Interest Rate
The cost of borrowing money, typically expressed as a percentage of the principal, paid over a specific period.
Federal Reserve
The central banking system of the United States, which regulates the U.S. money supply and is responsible for monetary policy.
Money Supply
Money supply is the total amount of monetary assets available in an economy at a specific time, including cash, coins, and balances held in checking and savings accounts.
Interest Rate
The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage rate of the loan outstanding.
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