Social Class

Money is the method that people use to buy things around the world. There are 182 different types of currency and each one has its role in the world economy.
Depending on how much a person earn in ayear, you can define its social class. In America the median income is almost $50.000 and is estimated that with this you should be in the middle class. There are three different social classes,upper class, middle class, and lower class. In United States the upper class is also known as the 1- to 5% of the population and this class is formed by people who make between $150.000- $250.000 a year.This class can be divided in two categories. On one hand, people that have had money for two or three generations and is still runs in the business. On the other hand, are those who worked hard in theearly years of their life and made their wealth.
The middle class, is divided in three stages and is conformed for the biggest percentage of the population. Like people who has a college degree orwell educated, and is working for an enterprise or for others. The average income in this class is $100.000 annually.
In the middle- middle class are usually those who has a college degree but do nothave money or degree enough to keep moving to a better class. In this group, people earns between $30.000 and $60.000 per year.
Then the lower middle-class, is formed by people who has all theessential things, but they cannot have vacations during holidays or do some extra activities.
Then the last class is the low class that is known as the worker class. This class is formed by people whoearns the minimum salary and is always struggling to live. This class is formed by people who earns between $20.000 and $30.000 per year. The government work a lot for this class and the goal is havea big amount of the population in the middle class and as less as they can in the lower classes. Being in a low class has a lot of problems because people barely can live with that amount of money.