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In modern Western societies, social stratification is defined in terms of three social classes: an upper class, a middle class, and a lower class; in turn, each class can be subdivided into an upper-stratum, a middle-stratum, and a lower stratum. [5]
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]
The median wealth of married couples exceeds that of single individuals, regardless of gender and across all age categories. [11]It is impossible to understand people's behavior…without the concept of social stratification, because class position has a pervasive influence on almost everything…the clothes we wear…the television shows we watch…the colors we paint our homes in and the ...
However, on a national scale, as of 2022, middle-income households had incomes ranging from $56,600 to $169,800. This means that lower-income households had incomes below $56,600, and upper class ...
Learn More: 6 Best Hidden Gems for Middle-Class Families in the Caribbean. Find Out: ... “Education is often seen as a key factor in determining social class,” Allen said. “Members of the ...
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 ...
The middle class refers to a class of people in the middle of a social hierarchy, often defined by occupation, income, education, or social status. The term has historically been associated with modernity, [ 1 ] capitalism and political debate. [ 2 ]
The current recession has stoked deep-seated fears about a declining middle class. A great collective anxiety about such a decline has been floating around for years now, and for good reason. As ...