An example of social mobility is when a consumer moves from one social class to another.

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Social mobility refers to the ability of individuals or families to move up or down the social class ladder, which can be influenced by factors such as education, income, occupation, and wealth. When a consumer moves from one social class to another, it is an example of social mobility, as their economic status, lifestyle, and possibly their social network change.

An Example of Social Mobility Is When a Consumer Moves