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The points plotted as part of an ogive are the upper class limit and the corresponding cumulative absolute frequency [2] or cumulative relative frequency. The ogive for the normal distribution (on one side of the mean) resembles (one side of) an Arabesque or ogival arch, which is likely the origin of its name.
The term upper class is applied to a wide array of elite groups existing in the United States of America. Because there is no defined lower threshold for the upper class it is difficult, if not outright impossible, to determine the exact number or percentage of American households that could be identified as being members of the upper-class(es).
The American upper class is a social group within the United States consisting of people who have the highest social rank, due to economic wealth, lineage, and typically educational attainment. [ 2 ] [ 3 ] The American upper class is estimated to be the richest 1% of the population.
Based on Pew’s analysis, a household of three needs an income of $156,600 to meet the definition of upper class, which amounts to more than double the national median.
There is considerable debate as to how the upper middle class might be defined. According to Max Weber, the upper middle class consists of well-educated professionals with graduate degrees and comfortable incomes. The American upper middle class is defined using income, education, occupation and the associated values as main indicators. [2]
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 ...
The American upper class is a social group within the United States consisting of people who have the highest social rank primarily due to economic wealth. [8] [9] The American upper class is estimated to constitute less than 1% of the population. By self-identification, according to this 2001–2012 Gallup Poll data, 98% of Americans identify ...