APSY1031 Lecture Notes - Lecture 4: Lower Middle Class, Upper Middle Class, Upper Class

• School: Boston College
• Department: Counseling, Developmental, and Educational Psychology
• Course: APSY1031
• Professor: Francesca Longo

Document Summary

Upper class: makes up 1% of population and have a lot of power and influence. Upper middle class: autonomy in the workplace, high job satisfaction, have health insurance, other benefits such as retirement plans. Lower middle class: suffer from job security, need two income earners to make ends meet. Working class: makes up majority of americans. Lower class: most individuals stay in the class. People haven"t been earning more in the bottom fifth. In the upper limits of the income distribution, people have been earning more. Not many students from lower bracket of incomes. Our childhood poverty is a global embarrassment (us news) Other countries ensure lower income families given more opportunities in terms of jobs and housing: us did the same thing but investments backfired. Denmark taxes the wealthy at very high rate: able to pull children out of poverty. Rose by over 3 mil to 16 mil children in poverty. Nccp (national center for children in poverty) 2016.