Example Of Intergenerational Mobility

Intergenerational mobility is a form of social mobility where there is a change in social status experienced by members within the same family going from one generation to another. This social mobility can be upward or downward. For example, Marissa’s father owns a small delicatessen. When the economy is good, the delicatessen turns a nice profit which allows his family to live comfortably and afford the occasional luxury item. During times of economic downturn, however, the delicatessen barely breaks even. Everyone in the family must cut back on expenses, and money is only spent on the necessities. Marissa becomes an orthodontist, which earns her $250,000 a year, moving her from middle class to upper-middle class. This would be an example