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Despite that, even though for some it might be very hard to achieve, it should still be possible if one focuses enough on it. Social mobility is when one moves through the social hierarchy and their social status changes, be it in their job or social class. Structural mobility is when one changes their economic status and is able to move up or down is social class.Included in this are also life chances, which is when one gets an opportunity to change their status.In this day and age a lot of Americans have hope that they will achieve the American dream through working hard and determination.
However, there has been a major redefinition of the concept that has almost rendered the American Dream an exclusive ambition for the society’s most affluent.
It is no longer about having land, a car, and a house; it is now about having the most expensive things in life.
Part of the credit menace can be seen in the early 21st-century mortgage crisis that saw a significant number of Americans lose the very life they had worked hard to accomplish (Wyly, Moos, Hammel, & Kabahizi, 2009).
Homes were lost, and the dream started becoming a mirage, especially for the younger generation who believed they could not surpass their parent’s achievements.
As such, a growing number of Americans, especially the younger population, now believe the American dream is unattainable.
The class shift may be responsible for the current demographics showing an increasing decrease of the middle-class Americans who are key in furthering of the American Dream.
There has also been the continued development of the term to include Providence, and a birthright component for each American with the proponents of the ideology believing that it is the ultimate goal for every American.
In the time of its inception, the American dream, which was described in the book “The Epic of America,” define the dream to encompass a land where life would be fuller and richer for every citizen, offering each one an opportunity according to their ability or achievement (Ştiuliuc, 2011).
Many youths have, as a result, given up on the dream and now work just to get by.
A new approach to understanding the dream is called for, to ensure that this sense of identity is not lost and that the intended definition of the concept remains unambiguous with the changing Deneen, P.