Defining the Middle Class in the U

question 93

Multiple Choice

Defining the middle class in the U.S.has always been a challenge.What has been adding to the challenge in recent years?

• A) the global shrinkage of the middle class
• B) the failing economy
• C) the geographic shift from metropolitans to the suburbs
• D) the fact that luxury and technological products are becoming more affordable
• E) the expansion of educational opportunity

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Definitions:

Inequality

Describes the unequal distribution of resources, opportunities, rights, and power among individuals or groups within a society.

Glocalization

The practice of conducting business according to both local and global considerations, incorporating local adaptations into global strategies.

Local

pertains to practices, products, or activities that are specific to a particular area, community, or culture, often emphasizing small-scale and community-based operations.

Global Co-Exist

The concept of various cultures, nations, or global businesses working together in harmony or mutual respect.