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 they quit spending money. Many people could not afford their mortgages anymore and their homes went into foreclosure. For these people, it was a time of __________.1) social stratification2) social inconsistency3) upward mobility4) downward mobility

Answer 1

Answer:For these people, it was a time of 4) downward mobility

Step-by-step explanation:

Downward mobility – occurs when people come down to lower classes based on social classes that they were original born under. In the late 40s and 50s they were plenty managerial opportunities that arised for certain individuals from certainly groups however with time these opportunities are getting over filled and these individuals are parents already which means their kids who come after them no longer have spaces to fill in the upper positions but to take lower positions that are available to them. Then finding themselves in lower social ranks as compared to those of their fathers.