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7 Cards in this Set

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