A Subjective View of Class Identification


by CEPR on Feb 28, 2014 | Views: 374 | Score: 1
Sources: cepr.net
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CEPR
CEPR on Feb 28, 2014 9:42 AM said:

The terms "lower class", "working class", "middle class", and "upper class" are frequently used in media. However, the figure above shows that people have very different views about what defines a class. For families earning less than $20,000 per year, 48% of people identified themselves as being working class while only 25% considered themselves as being lower class.