'Status hierarchy in which individuals and groups are classified on the basis of esteem and prestige acquired mainly through economic success and accumulation of wealth. Four common social classes (in their descending order) are',
(1) Upper class
(2) Middle class
(3) Working class
(4) Lower class
(Business dictionary, 2010)
These four stages are very different to each other. Upper class is the wealthy and financially stable, middle class people are those who have enough money to be financially stable however they are not considered 'rich'. The working class people are those who work for a living and there money goes towards Necessities rather than luxuries. These can be anything from a morgage to car payments. Finally the lower class people are those who do not have a lot of money and are struggling to get an income.
Upper class car, price ranging
£200,000
Middle class car, price ranging
£30,000 stoke version
£55,000 up loaded version
Working class car, price ranging
£9,000 - £13,000
Lower class car, price ranging
£50 - 150
No comments:
Post a Comment