Examlex
To start up a new business by operating under a license issued by a parent company to local entrepreneurs who own and manage the business is known as
Structural Mobility
Changes in the social status of large numbers of people as a result of structural changes in society.
Social Mobility
The relocation of single persons, family units, or collective entities across different levels of societal rank or class structure.
Dot-com Boom
A period of rapid growth and investment in internet-based companies during the late 1990s, characterized by high levels of speculation.
Life Prospects
The opportunities and potential future developments available to individuals or groups, often influenced by socio-economic factors.
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