Upper Class

Search Dictionary

Definition of 'Upper Class'

The upper class is a social class composed of the wealthiest members of a society, who by virtue of their income, wealth and social status, occupy the highest positions in the social hierarchy. The upper class is generally defined as consisting of those whose income is in the top 20% of the population, although there is no universally agreed upon definition.

The upper class is often associated with wealth, power, and privilege. Members of the upper class typically have high incomes, significant wealth, and enjoy a high standard of living. They may live in exclusive neighborhoods, attend private schools, and send their children to college. They may also have access to exclusive clubs, resorts, and other amenities.

The upper class is a small group, representing a small percentage of the population. In the United States, for example, the upper class is estimated to make up about 1% of the population. However, the upper class wields a disproportionate amount of power and influence in society. They control a large share of the wealth, and they are overrepresented in positions of power, such as government, business, and the media.

The upper class is often seen as a source of inequality in society. Critics argue that the upper class has too much power and influence, and that this leads to unfair advantages for the wealthy. They also argue that the upper class is responsible for many of the social problems that exist in society, such as poverty, crime, and environmental degradation.

The upper class is a complex and controversial topic. There is no easy way to define the upper class, and there is no consensus on its role in society. However, the upper class is a significant force in society, and its influence is likely to continue to grow in the years to come.

In addition to wealth, there are a number of other factors that can contribute to a person's social class. These factors include education, occupation, and family background. Education is a key factor in determining social class, as it provides people with the skills and knowledge they need to succeed in the workplace. Occupation is also important, as it determines a person's income and social status. Finally, family background can play a role in social class, as it can provide people with access to resources and opportunities that can help them to achieve success.

The upper class is a diverse group, and there is no single way to live an upper-class lifestyle. However, there are some common characteristics that are often associated with the upper class. These include:

* A high income
* Significant wealth
* A high standard of living
* A focus on education and achievement
* A strong sense of community
* A commitment to philanthropy

The upper class is a small group, but it wields a disproportionate amount of power and influence in society. Its members are often at the forefront of social and cultural change, and they play a key role in shaping the future of our world.

Do you have a trading or investing definition for our dictionary? Click the Create Definition link to add your own definition. You will earn 150 bonus reputation points for each definition that is accepted.

Is this definition wrong? Let us know by posting to the forum and we will correct it.