Which of the Following Is True of the Middle Class

question 57

Multiple Choice

Which of the following is true of the middle class in emerging markets?

• A) Companies can expect middle-class consumers worldwide to earn roughly the same income.
• B) Middle-class consumers in less-developed nations often cannot afford to pay as much for a product as consumers in the more advanced economies do.
• C) The majority of the global middle class lives in developed nations.
• D) Only one-third of people living in developing countries are literate.
• E) The emerging middle class constitutes the highest percentage of the total country population in Mexico.

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Definitions:

Identity

The characteristics, feelings, or beliefs that distinguish people from one another, encompassing aspects like nationality, culture, religion, and personal traits.

Interest Group

An organization or collection of individuals that seeks to influence public policy in favor of its shared interests.

Primary Group

A primary group is a small social group whose members share close, personal, enduring relationships characterized by strong emotional ties and face-to-face interaction.

Sociology Class

An academic course focused on studying human social behavior, social structures, and institutions, encouraging a deeper understanding of societal dynamics.