Describe the Growing Trend of the Middle Class

question 53

Essay

Describe the growing trend of the middle class. Why is this an attractive phenomenon to global marketers?

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Definitions:

Social Networking Sites

Platforms on the Internet where individuals can create profiles, share information, and socialize with others.

Privilege

A set of unearned benefits or advantages accorded to individuals or groups based on certain aspects of their identity, such as race, gender, or socioeconomic status.

Prestigious Private School

An educational institution that is privately funded, highly regarded for its academic excellence, and often exclusive in its admissions.

Geographical Location

Refers to a specific physical point on the Earth's surface defined by coordinates, such as latitude and longitude.