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