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In sociology, the upper middle class is the social group constituted by higher status members of the middle class. This is in contrast to the term lower middle class, which is used for the group at the opposite end of the middle-class stratum, and to the broader term middle class. There is considerable debate as to how the upper middle class ...
A 1975 study on Mexico estimated that the middle class in 1968 (defined as families earning between 2,000 and 5,000 pesos annually) comprised 36.4% of the population, while the upper class (defined as families earning over 5,000 pesos annually) comprised 9.4% of the population and the lower class (defined as families earning less than 2,000 ...
Income data indicate that the middle class, including the upper middle class, have seen far slower income growth than the top 1% since 1980. [ 40 ] [ 41 ] While its income increased as fast as that of the rich in the years following World War II , it has since experienced far slower income gains than the top.
Upper class: The top 20% of earners, with household incomes of $149,132 or more. It’s important to note that those dollar amounts are based on national averages. Area median income (AMI) is a ...
A social class or social stratum is a grouping of people into a set of hierarchical social categories, [1] the most common being the working class, middle class, and upper class. Membership of a social class can for example be dependent on education, wealth, occupation, income, and belonging to a particular subculture or social network. [2]
Upper class in modern societies is the social class composed of people who hold the highest social status, usually are the wealthiest members of class society, and wield the greatest political power. [1] According to this view, the upper class is generally distinguished by immense wealth which is passed on from generation to generation. [2]
Nouveau riche (French for 'new rich'; French: [nuvo ʁiʃ]), new rich, or new money (in contrast to old money; French: vieux riche [vjø ʁiʃ]) [1] is a social class of the rich whose wealth has been acquired within their own generation, rather than by familial inheritance.
However, since integration, many children of the black upper class have attended predominantly non-black colleges and universities. [14] "In the first time period covered by the scholars, black colleges were attracting significant numbers of students from professional, middle-class black families.