1.Upper class(Elite): Upper
class is represented by people who have institutional leadership ,Owner and
heads of multinational companies and stocks and bonds. According to the “FORBES” magazine there are 1426
billionaires in year 2013, which includes 442 in U.S and 386 in Asia-Pacific
and 366 in Europe and 129 & 103 billionaires in America and Middle east and
Africa. In that statistics Carlos Slim
is the richest person followed by Bill
Gates.
2.Upper middle class: This class
is represented by people who have scientific and technical knowledge.
Engineers,
Lawyers, Accountants, University faculty have both high income and high social
prestige.
3.Lower middle class: This class
is represented by people who engaged in clerical-administrative jobs and
provide support in data collection, record-keeper, bank tellers and sales representative.
4.Poor class: This class is
represented by people who work full-time at wages below poverty line.
5.under class: This class is
represented by people who do not have any job or status. They are homeless
beggars.
