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According to the Center for Strategic and International Studies, by 2013, some 420 million people, or 31%, of the Chinese population qualified as middle class. [41] Based on the World Bank definition of middle class as those having with daily spending between $10 and $50 per day, nearly 40% of the Chinese population were considered middle class ...
The American Middle Class Is No Longer the World's Richest. The New York Times. April 22, 2014. Middle Class Shrinks Further as More Fall Out Instead of Climbing Up. The New York Times. January 25, 2015. Middle-Class Betrayal? Why Working Hard Is No Longer Enough in America. NBC News. Why the U.S. Could Soon Be the World's First Former Middle ...
In modern Western societies, stratification is often broadly classified into three major divisions of social class: upper class, middle class, and lower class. Each of these classes can be further subdivided into smaller classes (e.g. "upper middle"). [5] Social strata may also be delineated on the basis of kinship ties or caste relations.
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 ...
There's a distinction between the lower, middle and upper classes, but did you know there's also a category between them called the "upper-middle" class? Learn More: How To Become Rich: 9 Fastest...
The middle class is a broad group of people, so it's separated into three categories: Lower middle class, middle class, and upper middle class. Here's the financial data for each one. Lower middle ...
La sortie du bourgeois, painted by Jean Béraud (1889). The bourgeoisie (/ ˌ b ʊər ʒ w ɑː ˈ z iː / ⓘ BOOR-zhwah-ZEE, French: ⓘ) are a class of business owners, merchants and wealthy people, in general, which emerged in the Late Middle Ages, originally as an "upper class" between peasantry and aristocracy.
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.