India’s Soyabean Export: Trends, Directions and Way Forward
Educational Performance of Primary School Children: Ordered Logit Estimation of Reading Ability and Mathematical Skills
Changing Role of Agriculture in Income, Employment and Value Added Per worker in Major Countries
Burden of Debt on Peasantry: A Case Study of Punjab
Analysis of Credit Risk, Intellectual Capital and Financial Performance of Listed Deposit Money Banks in Nigeria
The Pandemic of COVID-19 and the Behavior of Consumer Using Food Delivery Service via Grab Food Application in Bangkok, Thailand
Real-Financial Interlinkage via Mortgage-Backed Securities
About Influence of Intensity of Trade on Changing of Wages of Employees of an Industrial Enterprise
Woman’s Employment and Intrahousehold Bargaining Power
Factors Shaping Economic Mobility: A Comprehensive Analysis of Personal Development, Social Capital, and Socioeconomic Influences
Economic mobility, defined as the movement of individuals or families up or down the economic ladder over time, is a critical measure of the equity and effectiveness of an economic system. While education is widely acknowledged as a cornerstone for fostering economic mobility, this study delves deeper into the multifaceted factors that influence an individual’s ability to ascend or descend economically. The research aims to evaluate the role of personal development factors, such as family structure and individual efforts, the influence of social capital, and the impact of socioeconomic background on economic mobility. Using data gathered from a field survey conducted in Jammu district, this study captures perspectives from respondents across diverse income groups, offering unique insights into the dynamics of economic mobility. The findings reveal that while education remains a pivotal factor, other elements such as family support, social networks, access to financial resources, and personal development efforts significantly shape an individual’s economic trajectory. This research underscores the importance of adopting a holistic approach to understanding and addressing the barriers and enablers of economic mobility.
Keywords: Economic Mobility, Social capital, Socioeconomic Factors, Academic Factors, Individual Ability