The term “upper class” is typically used to refer to a group of individuals who occupy the highest echelons of society. This group is estimated to make up roughly one percent of the world’s population. Despite this small percentage, the individuals who make up the upper class are typically in control of a disproportionately large portion of the world’s wealth and resources.
Upper class individuals usually enjoy levels of disposable income that far exceed what the average person will ever have access to. This makes them able to purchase status symbols such as designer clothing, luxury cars, and expensive real estate. This affords them a lifestyle that most people only ever dream of.
Upper class individuals tend to have the most influence and exert the most control over decision-making and resources. For example, they are more likely to be in positions of power and in command of major corporations, where they decide how resources are used. They also have access to governments and political institutions and are consequently more likely to benefit from the decisions made by those governing bodies.
Another way to think of the upper class is as an elite group of people that often come from generations of money and privilege. This is because those in the upper class are more likely to be born into it and are therefore able to maintain their wealth and status. This tends to solidify the divide between the upper class and the rest of society.
Regardless of whether one agrees with the notion of the upper class and its place in society, it is an undeniable reality that such a class of people exists in nearly every culture and country. They will continue to play a major role in determining how resources are used and who benefits from them.
Upper class individuals usually enjoy levels of disposable income that far exceed what the average person will ever have access to. This makes them able to purchase status symbols such as designer clothing, luxury cars, and expensive real estate. This affords them a lifestyle that most people only ever dream of.
Upper class individuals tend to have the most influence and exert the most control over decision-making and resources. For example, they are more likely to be in positions of power and in command of major corporations, where they decide how resources are used. They also have access to governments and political institutions and are consequently more likely to benefit from the decisions made by those governing bodies.
Another way to think of the upper class is as an elite group of people that often come from generations of money and privilege. This is because those in the upper class are more likely to be born into it and are therefore able to maintain their wealth and status. This tends to solidify the divide between the upper class and the rest of society.
Regardless of whether one agrees with the notion of the upper class and its place in society, it is an undeniable reality that such a class of people exists in nearly every culture and country. They will continue to play a major role in determining how resources are used and who benefits from them.