Essay On Economic Class In America

568 Words3 Pages

Do you ever wonder how different your life might be to live in a different economic class in the United States? Even though, the idea of economic stratification in the United States is mainly based off of a person’s wealth in classes: lower class, lower middle class, upper middle class, and upper class. However, the focus of the living conditions and comfortability among the three classes of lower class, middle class, upper class. It seems to be that the lower class Americans have the most struggles within the population in the United States. In the article, “Insufficient funds: Savings, assets, credit, and banking among low-income households,” Nelson talks about how the lower class individuals tend to depend on their family and friends to help them as their bank accounts are typically overdrawn (Nelson). Although the lower class families …show more content…

The middle class have a good education, high demanding jobs, and a fair amount of income. Most middle class households tend to not have the stress about money because the income is sufficient enough to have the daily needed quality of living, as well as a little extra. Also in the middle class community, it seems that marital statuses seem to remain more stable because the level of income that is made in their household giving them a very comfortable living condition. In the article, “Middle class identification: The influence of interclass context on middle class evaluations of morality and success,” Archer writes about the study of the middle class. One of Archers’ hypothesis is, “Members of the middle class would have higher levels of class identification when comparing themselves to the working class, than when comparing themselves to the upper class,” (Archer). Therefore, the middle class community seems to have an appreciation for all classes giving them a variation of understanding among the