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Most People Describe Themselves as Belonging to the Middle Class,but

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Most people describe themselves as belonging to the middle class,but in reality,only about 30 percent of Americans are part of the middle class.Describe the typical occupations,lifestyles,and earnings of people from each of the major social classes of the United States.What do sociologists consider to be problematic about these measures?


Definitions:

Productivity

The measure of the efficiency of production, often evaluated as the ratio of output to inputs in the production process.

Complementary Resources

Natural or manufactured materials that work together with another resource in production to create a product or service.

Productivity

A measure of the efficiency of production, often expressed as the ratio of output to input in the production process.

Marginal Revenue Product

The extra income produced by utilizing an additional unit of a resource or production factor.

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