Loose Leaf For Sociology: A Brief Introduction Format: Book
Loose Leaf For Sociology: A Brief Introduction Format: Book
13th Edition
ISBN: 9781260153798
Author: Schaefer
Publisher: Mcgraw Hill Publishers
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Chapter 8.1, Problem 2LD
Summary Introduction

To find: The dangers of the shrinking middle class.

Shrinking middle class:

The shrinking middle class people are the middle class people of Country U who has been shrinking over the period from 61% of households in Country U in 1971 to 50% in 2015. Thus the middle class are stated as the households that earns between two-thirds and twice the income of the median household.

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