What is one of the most important industry reactions to this type of income inequality:

What is one of the most important industry reactions to this type of income inequality:

  • The decline in the importance of the family as a social institution. The results of this process are manifested in the shifting of household issues to the center of the family. In the middle class, the role of the family is much lower than in the lower classes.
  • The transformation of the household as a whole within the industry. The results are manifested in the following transformation of the methods of production and consumption in the middle class.
  • The transformation of the teaching and upper classes into the middle class. The results are the following: in the 1890s, the upper and middle classes represented the largest fractions of the population, and the lower classes – the lower classes.
  • The decline in the birth rate, which leads to a significant decrease in the number of children and young families, increases in the proportion of single people, which worsens their social status. The result is the shift towards the middle class.
  • The decrease in the number of very young families, the decrease in the birth rate, the divorce practice, the dying of religious groups.
  • The increase in the proportion of poor families (individual incomes below the poverty line, no less than the income of the middle class).
  • The decline in the importance of education, the lack of modern consumer culture, the cheapness of child labour (sweatshops, cheap clothes, etc.), child labour (load-shedding, domestic service, etc.), increases in the number of preconditions for social mobility.
  • The main social movements occur both within the middle class and with participation of other elements of the social structure. Free channels of upward vertical mobility, clear prospects for social growth based on education and high qualifications should ensure a sufficient level of welfare for the middle class.
  • READ:  How to write a persuasive essay?

    In the era of economic growth, the middle class performs a number of very important social functions. The function of the social stabilizer is the basic among them: a stable, reasonably rich country.

    Generally, the middle class is a middle force which tends to balance the interests of the economy and society as a whole. This force stabilizes the social process of change by providing the cheap and effective workforce (content 3).

    In the modern form, the middle class is a combination of several elements: social classes, economic classes, technical and managerial professionals, teachers, managers, etc. Various social institutions, roles, relationships between them are formed. The common activity is shared between the middle class and other social groups.

    To make your work easier, better planned and structured, you should create a simple work plan for the middle class research paper. Then you will be able to assign the necessary responsibilities to cope with the tasks and to pursue the goal.

    The following elements of the middle class are connected with its activities in the sphere of economic activity:

  • production, process, distribution of surplus value;
  • population (includes the number of children and young families, the number of ethnic groups;
  • religious groups (methodology, ideology);
  • misconduct of trade in the global exchange market;
  • agricultural activities in the field of agriculture, huts, etc.;
  • non-production activities (non-production, marketing and administration services, etc.).
  • 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.

    READ:  How to write about minimum wage

    The topic of the middle class is often determined by the level of economic development of the country. In order to prevent some countries from going into bankruptcy, it may be concluded in a poverty and income inequality essay that the middle class is one of the most important social groups, most important components of the economy.

    Based on these conclusions, you may push forward the following proposal in a global poverty essay: the middle class should be included in the mechanism of the economic transition from the dominant economic to dominant social institution.

    However, there is a negative side of this method. The existence of a large middle class does not mean an increase in the ability of the middle class to participate in economic activity. In the period of economic instability, the middle class often experiences losses and losses in economic activity, especially on the background of low income.