What is an international standard for reporting purposes, it is common to indicate the name of the organization. On the background of federal regulations, some states provide additional information, and this information is reflected in the US Census.
For example, in California, it is customary to indicate the social status of the recipient (classes, professions, date of birth, etc.).
Mention in the income inequality essay that the social status of the typical American is not usually indicated in the census. But the threshold for the recognition of the middle class is higher. In Florida, it is customary to indicate the social status of the owner (manager) or user (manager) as well as the status of representatives of the intellectual elite (upper stratum, i.e. the holders of scientific degrees, holders of scientific degrees).
The property of the middle class is largely defined by the ability to invest in real estate, liquid assets. However, the closest marketer for providing income inequality research paper resources may be the chairman of the American Intellectual Property Foundation, which is affiliated with the library of scientific works and organizations.
According to the US Census, the median income of a US citizen is $ 460 000. The income of the middle class is $ 550 million. The wages of the middle class are 10 times higher than salaries of other groups of Americans. In 2010, the US Census Bureau reported that the average income of its members was $ 56.3 million per year.
Another important indicator of the social status of the middle class is its ability to invest in real estate, liquid assets. The correlation between wealth and income inequality is strong. In the 1960-1970s, the real estate of the top 10% of the income distribution was independently variable and it is already often higher than the incomes of other Americans.
More specifically, you can provide the following criteria for identifying the middle class in wealth and income inequality essay:
Persons with a higher value of indicators mentioned in this list belong to groups located above the middle class on the social ladder (the upper stratum, the elite).
An important feature of the middle class is its quantitative scale. In any case, the share of the middle class in the population should be not less than the total share of those groups whose social status is somewhat below. The functioning of the middle class begins exactly from this quantitative threshold. Otherwise, it would be only one of the layers in the social structure of society.
Based on the above, you can specify the social groups that belong to the middle class in essay on economic inequality:
The middle class is distinguished by high heterogeneity and even ambiguity in many objective and subjective criteria. This prevents the understanding of the common interests of representatives of the middle class.
It’s important to mention in income inequality paper that the presence of the middle class provides stability and dynamic economic development. As a basic social group, it performs a number of very important social functions. The function of the social stabilizer is the basic among them: having achieved a certain place in the social structure, the representatives of middle class are inclined to support the existing state order that enabled them to reach their position.