Economics
Wealth Inequality and Intergenerational Social Mobility Patterns
Quick fact
Countries with higher levels of wealth inequality, like the United States, tend to have lower intergenerational social mobility than countries with less inequality, a pattern described by the 'Great Gatsby Curve.'
Why this is interesting
Have you ever wondered why some families stay wealthy for generations while others struggle to move up, no matter how hard they work? The answer lies in a surprising link between a country's wealth gap and how easily children can change their economic destiny.