explain thoughts and concept about the middle class
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The middle class is a class of people in the middle of a social hierarchy. In Weberian socio-economic terms, the middle class is the broad group of people in contemporary society who fall socio-economically between the working class and upper class. The common measures of what constitutes middle class vary significantly among cultures. One of the narrowest definitions limits it to those in the middle fifth of the nation's income ladder. A wider characterization includes everyone but the poorest 20% and the wealthiest 20%.
India stands at 47th place with 3% of middle class, 0.2% of upper class, 96.8% of lower class.
hope it helps u!!
India stands at 47th place with 3% of middle class, 0.2% of upper class, 96.8% of lower class.
hope it helps u!!
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