I feel this factor plays a huge role in rich/upper middle class/upper-class people staying rich or growing richer.
Kids that grow up upper-class imitate their parent’s approach to work and life in general, giving them an upper-hand.
Many poor kids are very smart and capable but end up imitating bad examples early on, making them handicapped.
One of the best things a disadvantaged kid can get is a good role model. Doesn’t have to be rich…anyone with a stable middle-class life to imitate is enough, compared to questionable characters some imitate (gun-toting rappers for one).
Kids that grow up upper-class imitate their parent’s approach to work and life in general, giving them an upper-hand.
Many poor kids are very smart and capable but end up imitating bad examples early on, making them handicapped.
One of the best things a disadvantaged kid can get is a good role model. Doesn’t have to be rich…anyone with a stable middle-class life to imitate is enough, compared to questionable characters some imitate (gun-toting rappers for one).