Development of the Middle Class

Definition

The development of the middle class refers to the growth and expansion of a social group made up of individuals who are neither extremely wealthy nor extremely poor. It represents upward mobility, increased economic stability, and improved living standards for this segment of society.

Related terms

Social Mobility: Social mobility refers to the ability of individuals or groups to move up or down within the social hierarchy based on factors such as education, occupation, or wealth.

Bourgeoisie: The bourgeoisie refers to the middle class during different historical periods. They are typically associated with business owners, professionals, and those who hold moderate wealth.

Consumer Culture: Consumer culture is characterized by increased consumption patterns among individuals within society due to rising incomes and availability of goods.