1. A young adult's parents had low incomes, but the young adult achieves upward income mobility; which statements describe this concept?
The concept concerns upward mobility across generations rather than the distribution of incomes within one country. · The concept focuses on changes in income position between parents and their children. · Intergenerational income mobility concerns a person's potential to move upward regardless of parental social status.
Explanation
Intergenerational income mobility is the potential for upward mobility regardless of parents' social status, and it concerns movement across generations. Income differences within a country describe inequality, not mobility itself.