What is a definition of success in life which is mainly considered in the field of career management: achieving, creating a family and building a career. Success is considered as the result of a combination of individual qualities and opportunities, strict and effective work habits, parental influence and much more. It is a kind of economic term “savvy” which means the ability to achieve the desired goal without having any outside help.
Let’s consider the factors that help to achieve financial goals: adequate savings, adequate income, adequate housing and other property);
Of course, some of the above-mentioned facts are general, while some – only preliminary and secondary.
Of course, it should be noted in a college admission essay on income inequality that, in addition to the common listed above, each of the above-mentioned factors should be considered in detail.
Of course, it should be noted in an essay on wealth and poverty that, in the broad sense, the middle class is a part of one of the social structures of society. But it is not the main representative of this social group. The composition of the middle class is influenced by the structure of the society, the dynamics of technological progress, changes in the structure of the labor market and increase in the demand for specialist knowledge.
There are two main social movements connected with the middle class: the industrial and social labor. The latter is the dominant economic category, the power of which is created by the middle class.
The social labor is a set of behaviors characterized by the change in the attitude of participants in the activity of social relations: participation in the social division of labor, the aspirations for social improvement, the support of the middle class in the creation of a liberated space, the increase in the participation of the lower class in the distribution of national wealth.
The activities of social laborers include a number of types of activities:
The wage of social laborers is used by the average adult or teen (depending on the age of their spouse) as the value of the work performed by a member of this class. The income of any part of the working population is lower than the value of the work performed by the middle class. The value of the middle class is determined by the inverse correlation between the size of the population’s income and the size of the middle class.
The following concepts are inextricable within the walls of any large American business:
In the United States, the middle class includes a huge number of representatives from the lower strata – the farmers, fishermen, owners of small businesses, part of the lower class – the professionals, activists (members of the lower strata, scabors). This class, which, however, are not divided into the rich and the poor. All these elements are present in the national income inequality, and this is also true in Europe. But the theory of income inequality in the United States is significantly different from the opinion of the nobility in England.
The causes of wealth inequality in the US are the rapid growth of the newer, more efficient means of obtaining and maintaining wealth. The scientific and educational progress, in the process of which the old, proven methods of obtaining resources were used, continued to be used. The natural way of replenishment of the population, which also happens in Europe, is linked with the continuous process of economic development, which actually causes a gap between the middle class and others.
In the American region, the middle class is not only very large but also has some independent political role.