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Income Mobility
Relates to the ability of individuals or families to move up or down the economic ladder over time.
Economic Ladder
A metaphorical representation of the differing levels of economic prosperity among individuals in a society, indicating potential for upward mobility.
Transportation Cost
The expenses involved in moving goods or individuals from one location to another.
Income Mobility Studies
Research focused on analyzing the movement of individuals or groups within the income distribution over time, assessing the ability to change economic status.
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