Development of Middle Class

Definition

The development of the middle class refers to the growth and improvement of a socio-economic group within society that falls between the working class and upper class. It often involves increased income levels, improved living standards, access to better education opportunities, and social mobility.

Related terms

Social Mobility: Social mobility is the ability of individuals or families to move up or down in social status within a society.

Income Inequality: Income inequality refers to the unequal distribution of wealth among individuals or groups within a society.

Standard of Living: Standard of living refers to the level of comfort, material goods, and necessities available to individuals or households in a particular society.