what is the income difference per annum of poor middle class upper middle class and rich ?
Answer (1)
26th Nov, 2021
Hi aspirant, in sociology, the upper middle class is the social group constituted by higher status members of the middle class. This is in contrast to the term lower middle class, which is used for the group at the opposite end of the middle-class stratum, and to the broader term middle class.
Also, let me tell you that the lower upper class includes those with “new money,” or money made from investments, business ventures, and so forth.
And the term upper class refers to a group of individuals who occupy the highest place and status in society. These people are considered the wealthiest, lying above the working and middle class in the social hierarchy.
Thank You.
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