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We often hear of how certain nations encourage, if not have the ideal that hard work, skill and intelligence will determine the economic well being of an individual. That a persons hard work should allow them to become succeed, not the specific economic class that they were born into.
What would it say for those countries if they had lower economic mobility then most other nations. That the economic class they were born into plays a far greater role in where they would end up economically then in more socialistic nations
http://www.economicmobility.org/assets/pdfs/EMP American Dream Report.pdf
It is a larger document, so I just posted the think tanks that were involved in the study. Just to ensure against claims of bias
What would it say for those countries if they had lower economic mobility then most other nations. That the economic class they were born into plays a far greater role in where they would end up economically then in more socialistic nations
http://www.economicmobility.org/assets/pdfs/EMP American Dream Report.pdf
The Economic Mobility Project is a unique nonpartisan
collaborative effort of The Pew Charitable
Trusts and respected thinkers from four leading policy
institutes — The American Enterprise Institute,
The Brookings Institution, The Heritage Foundation
and The Urban Institute.
It is a larger document, so I just posted the think tanks that were involved in the study. Just to ensure against claims of bias