Search results
Results from the WOW.Com Content Network
If middle class is used in a manner that includes all persons who are at neither extreme of the social strata, it might still be influential, as such definition may include the "professional middle class", which is then commonly referred to as the "upper middle class". Despite the fact that the professional (upper) middle class is a privileged ...
Meritocracy (merit, from Latin mereō, and -cracy, from Ancient Greek κράτος kratos 'strength, power') is the notion of a political system in which economic goods or political power are vested in individual people based on ability and talent, rather than wealth or social class. [1]
The modern usage of the term "middle-class", however, dates to the 1913 UK Registrar-General's report, in which the statistician T. H. C. Stevenson identified the middle class as those falling between the upper-class and the working-class. [13] The middle class includes: professionals, managers, and senior civil servants.
The middle class is not actually one neat income class in the United States but a wide swath of income earners and socioeconomic groups, from $50,000 to $150,000 annual salary, whose dollars ...
The upper-middle class is distinguished by having a higher level of income and wealth compared to the middle class. They often have advanced degrees, larger homes and access to more resources and ...
The bottom line is that the definition of the middle class in California has undergone a seismic shift in recent years, driven by the rising cost of living for everything from food to rent. What ...
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.
California is a good example of a surge in middle-class income ranges. In 2022, to be considered middle class in California, one would have to earn between $61,270 and $183,810, a 50% increase ...