types of social classes of people

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Ved Neo Kian Heng

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Ved Valeria Pinto

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Types of Social Classes of People

The upper class

The upper‐upper class includes those aristocratic

They are people with “old money” who have been rich for generations.

The lower‐upper class includes those with “new money.

Money made from investments, business ventures, and so forth.

This class divides into two groups:

upper‐upper

lower‐upper

The upper class holds more than 25 percent of the nation's wealth.

Comprising only 1 to 3 percent of the United States population

The middle class

The lower middle class: such as managers, small business owners, teachers, and secretaries.

The upper middle class: such as doctors, lawyers, stockbrokers, and CEOs.

They divide into two levels according to wealth, education, and prestige

The upper middle class

The lower middle class

The middle class are the “sandwich” class

The lower class

Lack of vocational training.

Lack of decent clothing, safety

Lack of adequate housing and food

Lack of medical care

Homelessness, and unemployment

Characterized by poverty