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Economic Status facts

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A researcher spent her career studying what differentiates successful from unsuccessful people. She found grit, which she defines as "passion and perseverance for long-term goals", to be the main determinant of success, at least as good as IQ or socio-economic status at predicting life outcomes.

Almost half of Japan's Millennials between 18-34 are virgin and some find fault in the rise of economic status of Japanese women.

In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across. Here are 15 of the best facts about Economic Status I managed to collect.

  1. Industrial inorganic chemistry, or the application of inorganic compound synthesis for industry, has strong ties to the economy of any given country. The country's ability to produce certain inorganic compounds, like aluminum sulfate and ammonium nitrate, have been found to be a direct indication of the country's economic status.

  2. Slavery was practiced in Canada throughout most of the 1700's - The desire to own slaves was not driven by economics or production but purely social status value

  3. North Korea has a system called "Songbun", in which a person's status as a citizen is based on the sociopolitical and economical status of their ancestors, as well as the behaviour of their relatives. It affects employment and education opportunities.

  4. Samurais were noblemen that followed the bushido code when they engage in combat. Ninjas belonged to the lower socio-economic status of Japanese society and follow an unorthodox style of fighting.

  5. Higher Economic Status is Linked with Inflated Sense of One's Abilities & Positive Traits

  6. Assortative mating that is a mating pattern which means that similar individuals will mate with one another rather than just randomly,choosing out of many factors, including economical and social status. Because of that there are way more kids with autism in Silicon Valley than anywhere else.

  7. Better teachers improve the lives of their students for years showing higher socio-economic status and even longer lives!

  8. A UC Davis study indicates that regardless of where in the world you live, US, UK, Sweden, India, etc, the greatest predictor of economic status in society is your last name, with potentially up to 60% of the outcome of your overall rank in society being determined at your conception.

  9. First World, Second World, and Third World labels have nothing to do with economic status or the established lives of a country's citizens. First World does not mean "rich". Third World does not mean "poor". The terms are outdated and describe defenses during the Cold War.

  10. There is an organization called Lucis Trust which used to be called Lucifer Publishing, they are trying to bring about a great "World Teacher", and they have consultative status with the Economic and Social Council of the United Nations.

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A researcher spent her career studying what differentiates successful from unsuccessful people. She found grit, which she defines as "passion and perseverance for long-term goals", to be the main determinant of success, at least as good as IQ or socio-economic status at predicting life outcomes.

The Chinese Government plans to implement a social credit system where individuals are given an individual “social credit” rating based on their economic and social status - source

Soviet efforts to expand social, political and economic opportunities for women constitute the earliest and perhaps most far-reaching attempt ever undertaken to transform the status and role of women. - source

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