The following is the essay question to be answered: How can a person earning $25,000 per year have the same social standing as someone earning $100,000 – 4 times as much?
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Write My Essay For MeComparison of Salaries to Social Standings
Social standing is the classification of people in a ranked hierarchy based on income, wealth, education, social network, and occupation. An individual’s rank in a social class may have an impact on their health, education, religious factions, education, political participation, and experiences with the judicial system. The socioeconomic situation of a person is closely linked to specific opportunities and resources (Cheung & Lucas, 2016). Socioeconomic status is an individual’s position within the social ranks, and it depends on their income level, occupational prestige, educational achievement, and wealth.
Social mobility is the movement of groups and individuals in social ranks over time. It involves changes in the economic status of individuals or households. Social mobility may, however, mean changing individuals’ literacy rates, health status, and education, among other factors that define social classes (Lumen Learning. n.d.). Social mobility entails the vertical movement of people or social groups either upwards or…
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