Describe each level of social class ladder. which area of the social class do yo

Question

Describe each level of social class ladder. which area of the social class do you fall into? what are the characteristics that define this part of the social class ladder?

Table 3-1 Model of the American Class Structure Percent of Families Approximate Family Income Range Major Source of Income Typical Occupations Level of Education Class At least 4 years college At least 4 years college; postgrad- uate training for many Upper or "capitalist" Assets Investors, corporate executives $1,000,000 Upper-level manag- ers; professionals; some business own- ers Upper-middle 18-20 $80,000-$1,000,000 Salaries At least high school graduate; often some college Lower-middle 25-30$40,000-$80,000 Salaries and wages Lower-level manag- ers; semiprofession- als; small business owners; craftspersons Operatives; clerical, retail sales workers Lower-level service workers; unskilled High school grad- uate Working 25-30 $30,000-$45,000 Wages Wages Some high school Working poor 12-15 $15,000-$30,000 Public assistance; operatives underground economy Some high school Underclass 9-12 $15,000 Unemployed

Explanation / Answer

Each level of social class ladder:

These are the people who own 1/3 of the nation’s wealth and worth more than 90% of the entire country. The approximate family income range is > $ 1, 00,000. Their major source of income is assets. Their occupation can be investors or corporate executives and education level is at least 4 years of college.

These people are mostly shaped by their education. Most of them are graduates or post graduates in management, law, medicine. These people either manage corporations or operate their own business.

The jobs can be similar in order of upper middle class. These people can afford mainstream life style but have difficulty in maintaining it.

These people are unskilled blue/ white collar workers. They are less educated and have low incomes. The jobs are considered to be less secure. More of routine based and supervised by top people.

People here are unskilled who receive minimum pay or wages. Their jobs are temporary or seasonal in nature. For example, farm work, house cleaning or day labor etc. these people are majorly illiterates.

These people mainly depend others for their welfare and majorly they are homeless.

I fall into the category of lower middle.

Character sticks that define the social class ladder:

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