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7 Cards in this Set
- Front
- Back
Income
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is wages or salary from work and earnings from investments.
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Wealth
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is the total value of money and other assets, minus outstanding debts.
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Intragenerational social mobility
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is a change in social position occurring during a person's lifetime.
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Intergenerational social mobility
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is upward or downward social mobility of children in relation to their parents.
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Relative poverty
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is the deprivation of some people in relation to those who have more.
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Absolute poverty
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is a deprivation of resources that is life-threatening.
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Feminization of poverty
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is the trend in which women represent an increasing proportion of the poor.
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