What Is Intergenerational Mobility

question 60

Multiple Choice

What is intergenerational mobility?

• A)the movement of individuals from one part of the country to another as they age
• B)the movement of individuals from the social position of their parents into one of their own as adults
• C)the movement of individuals through life's key stages,from infancy forward
• D)the movement of individuals from one social class to another

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Definitions:

Profits Taxed Twice

Describes circumstances where corporate profits are taxed at the business level and then taxed again when distributed as dividends to shareholders.

Multinational Corporations

Companies that operate in multiple countries, managing production or delivering services in more than one country.

Small Retail Businesses

Small-scale retail outlets that sell goods or services to consumers, often characterized by independent ownership and operation.

Part-Time Home-Based

Refers to employment or work that is performed from home for fewer hours than a full-time job.