Question

In 2008, the United States, as well as the rest of the world, felt the effects of the recession. After the collapse of the housing market, people lost their jobs and quit spending money. Many people could not afford their mortgages anymore and their homes went into foreclosure. For many people, it was a time of ________.

a. Social stratification
b. Social inconsistency
c. Horizontal mobility
d. Downward mobility

Answer 1

d. Downward mobility

Step-by-step explanation:

Downward mobility is to move to a lower social level because people have a decrease in income or wealth and lose status or job. So, in the recession when people lost their jobs and their houses and quit spending money, they experienced downward mobility.