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Discuss the Disappearing of the Middle Class in the United

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Discuss the disappearing of the middle class in the United States.


Definitions:

Straight-Line Depreciation

A strategy for dividing the cost of a tangible asset over its operational life in equal yearly sums.

Average Net Property

This term typically refers to the average value of a company's property, plant, and equipment net of depreciation, over a certain period of time.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting the asset's consumption, wear and tear, or obsolescence.

Estimated Useful Life

The expected period over which a company anticipates deriving benefits from an asset before it becomes obsolete or too costly to maintain.

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