Economists and business analysts tend to define middle-class - TopicsExpress

Economists and business analysts tend to define middle-class status simply in monetary terms, labeling people as middle class if they fall within the middle of the income distribution for their countries, or else surpass some absolute level of consumption that raises a family above the subsistence level of the poor. But middle-class status is better defined by education, occupation and the ownership of assets, which are far more consequential in predicting political behavior.

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