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The term "middle class" is first attested in James Bradshaw's 1745 pamphlet Scheme to prevent running Irish Wools to France. [6] [7] Another phrase used in early modern Europe was "the middling sort". [8] [9] The term "middle class" has had several and sometimes contradictory meanings.
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 ...
In developed nations around the world, the lower middle class is a subdivision of the greater middle class.Universally, the term refers to the group of middle class households or individuals who have not attained the status of the middle or upper middle class associated with the higher realms of the middle class, hence the name.
Moving down to the middle class, things get a bit more varied. The upper-middle class folks have an average net worth of around $300,800. The upper-middle class folks have an average net worth of ...
Historically, the middle class is unchained from the financial stresses that define day-to-day life for impoverished people. The upper middle class is doing even better -- but they're not quite ...
The middle class consists of those in the 40th to 60th percentile of household income. Their median net worth is nearly three times that of the lower middle class. Upper middle class.
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.
3-person family middle-class income range: $53,187.95 to $158,770. 4-person family middle-class income range: $61,159.61 to $182,566. More From GOBankingRates.