Although we usually think of social mobility as a result of individual effort, during the "dot-com boom" of the late 1990s, many people became instant millionaires. This is an example of:
A) structural mobility.
B) wise investing.
C) savvy technological genius.
D) horizontal mobility.
E) social change.

Question

Quizplus · Accepted Answer

This is an example of structural mobility because an external factor (the dot-com boom) created opportunities for people to move up economically without necessarily having to put in significant individual effort or skill. The boom allowed people in certain industries to quickly become wealthy, regardless of their background or educational level.

Although We Usually Think of Social Mobility as a Result