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Changing place within social class but not changing class (Horizontal) vs. Moving up or down a social class (Vertical).

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Eviction is a cause of poverty, not a condition

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Respect/Regard people give to various occupations + accomplishments

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Ability to carry out your will despite resistance

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Property & Income

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the belief that due to limitless possibilities anyone can get ahead if he or she tries hard enough

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When things happen to put people into poverty, ex. health conditions, accidents, etc...

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Impoverished for multiple generations

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Floating standard of deprivation; depends on the current economic climate

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Minimum level of subsistence that no family should live below.

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A concept suggesting that, within the United States, each social class a relatively fixed number of people.

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Occurs when social changes affect large numbers of people.

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Status difference between generations in the same family

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It's better to be born rich than gifted

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Analysis | It's better to be born rich than gifted

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A revolution in genomics is creeping into economics. It allows us to say something we might have suspected, but could never confirm: money trumps genes. Using one new, genome-based measure, economists found genetic endowments are distributed almost equally among children in low-income and high-income families. Success is not.

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A person's ability to move up or down the social class hierarchy; the movement between or within social classes

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Social Mobility: Crash Course Sociology #26

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How does social class impact our society?

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How does social class impact our society?

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People were refused loans and financial help because of where they lived.

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The Disturbing History of the Suburbs | Adam Ruins Everything

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Mixture of high + low ratings in the 3 components of social class.

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Social class is made up of wealth, power, and prestige. There are large groups of people who rank close to one another in these three aspects.