Social Upward Mobility

Explain how the economic system in the United States can be used both to allow upward social mobility and trap others in lower status levels.

America is known as the land of opportunity. This is because no matter where someone comes from, their racial group, nationality or economic class everyone has the chance to be successful. If they have a good idea and are willing to work at it, they will realize their long-term goals. Throughout the course of U.S. history, this has been the case. As innovators from across the world can start out with nothing and earn a fortune during the course of their lifetimes. (Cullen 2004) (Henslin 2013)

This is because the economic system enables upward mobility by encouraging the free flow of ideas through a culture of acceptance and understanding. At the same time, the movement of working capital and people from one...
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