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mixas84 [53]
3 years ago
7

John worked in a manufacturing job building car engines. Over time, this work was increasingly performed by machines, and manufa

cturing jobs became scarcer and paid less. John and his family were once comfortably middle class, but technology changed his job and his factory was shut down. What kind of mobility did John experience?
Business
1 answer:
Neko [114]3 years ago
7 0

Answer: Structural Mobiility

Explanation:

Structural Mobiility can be described as changes that enable a whole group of people to either move up or down the economic class ladder.

Structural mobility is attributed to the changes in society or company as a whole, not just personal changes.

The changes done in John's illustration is a social change where a job that can be performed by humans are now performed by robots.

This change negatively affected John and his manufacturing company thereby bringing down John in the economic ladder as he moved down from the Middle class to a lower social class.

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Which information would most likely cause a company's stock price to go up?
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A

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