Types
Mobility may be between generations ("inter-generational") or within a person or groups lifetime ("intra-generational"). It may be "absolute" or "relative".
Inter-generational mobility compares a person’s (or group's) income to that of her/his/their parents. Intra-generational mobility, in contrast, refers to movement up or down over the course of a working career. Absolute mobility involves widespread economic growth and answers the question “To what extent do families improve their incomes over a generation?” Relative mobility is specific to individuals or groups and occurs without relation to the economy as a whole. It answers the question, "how closely are the economic fortunes of children tied to that of their parents?" Relative mobility is a zero-sum game, absolute is not.
Read more about this topic: Economic Mobility
Famous quotes containing the word types:
“Science is intimately integrated with the whole social structure and cultural tradition. They mutually support one other—only in certain types of society can science flourish, and conversely without a continuous and healthy development and application of science such a society cannot function properly.”
—Talcott Parsons (1902–1979)
“Our major universities are now stuck with an army of pedestrian, toadying careerists, Fifties types who wave around Sixties banners to conceal their record of ruthless, beaverlike tunneling to the top.”
—Camille Paglia (b. 1947)
“If there is nothing new on the earth, still the traveler always has a resource in the skies. They are constantly turning a new page to view. The wind sets the types on this blue ground, and the inquiring may always read a new truth there.”
—Henry David Thoreau (1817–1862)