American socio-economic trends refer to patterns or changes in social structures (such as income distribution) and economic conditions within American society over time.
Related terms
Income Inequality: The unequal distribution of income among individuals or households in a society.
Consumerism: A cultural and economic ideology that encourages the acquisition of goods and services, often associated with materialism.
Social Mobility: The ability of an individual or family to move up or down the social and economic ladder within a society.