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Open Access. Powered by Scholars. Published by Universities.®

2015

Sales and Merchandising

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Articles 1 - 2 of 2

Full-Text Articles in Business

Purchasing Power Of Credit, Social Mobility, And Economic Mobility, Lawrence P. Shao, Ralph E. Mckinney Jr., Dale H. Shao Jan 2015

Purchasing Power Of Credit, Social Mobility, And Economic Mobility, Lawrence P. Shao, Ralph E. Mckinney Jr., Dale H. Shao

Ralph E. McKinney

Because barriers to wealth and limitations on purchasing power have a negative effect on career mobility, individuals planning their careers need to understand the factors that may influence their long term job prospects and attainable career goals. This paper takes a qualitative approach to examine how purchasing power can limit social and economic mobility. While occupational choice provides a primary path to wealth accumulation and access to social networks, financial decisions and other influences can limit career, social, and wealth building opportunities.


Purchasing Power Of Credit, Social Mobility, And Economic Mobility, Lawrence P. Shao, Ralph E. Mckinney Jr., Dale H. Shao Jan 2015

Purchasing Power Of Credit, Social Mobility, And Economic Mobility, Lawrence P. Shao, Ralph E. Mckinney Jr., Dale H. Shao

Dale H Shao

Because barriers to wealth and limitations on purchasing power have a negative effect on career mobility, individuals planning their careers need to understand the factors that may influence their long term job prospects and attainable career goals. This paper takes a qualitative approach to examine how purchasing power can limit social and economic mobility. While occupational choice provides a primary path to wealth accumulation and access to social networks, financial decisions and other influences can limit career, social, and wealth building opportunities.