please answer me!
2006-08-08 16:29:47 · 6 answers · asked by Anonymous in Social Science ➔ Sociology
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The middle uses more of the disposable income for purchasing power. They are the largest segment of buyers of items like cars, appliances, homes, and many other items. They are also the most taxed of any other group.
2006-08-12 14:37:26 · answer #1 · answered by Calvin of China, PhD 6 · 0⤊ 1⤋
Because they have the money and spend the greatest amount of their disposable income. There are more people in this category than the richest one percent that hold about thirty-five percent of the wealth of the United States. This group can only spend so much. The reason that the economy has been on the ropes is because the middle class has been fading to the very rich and very poor.
2006-08-12 18:36:19 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I would have to say because the middle class are the ones who are highest and most in debt. The lower class can't afford to buy anything or finance anything and the upper class just pays cash. )Plus, there are just more people who fall into that catagory. Think about it. How many people do you know who are upper class. I'm talking big time millionaires who own three homes on every side of the country and have all kinds of stuff that the middle class could only imagine of owning. And how many people do you know who are literally eating dirt to survive? I don't mean to be blunt and sound cruel, but I am a finance manager at a car dealership and that is what I have not only been taught, but what I have realized.
2006-08-08 23:38:44 · answer #3 · answered by indigonipple 3 · 0⤊ 1⤋
If you see middle class means working class and result is here, 'YES' because where ever people working they are the real source of Economy builder in every ways , like technology,export,and classified experts these are the sources of Economy boom and it always goes by middle class, to providing resources is a part of Investor that should be a owner of that project and Bank, but to get better Economical results is being done by middle class always a Major part,.,,,.,.,.{*~^},.,.
2006-08-09 16:07:27 · answer #4 · answered by RAMBO 3 · 0⤊ 0⤋
What middle class? That is the problum no middle class . Either your rich or poor!
2006-08-08 23:35:20 · answer #5 · answered by TT Bomb 3 · 1⤊ 0⤋
Because they are the majority.
2006-08-08 23:33:40 · answer #6 · answered by Anonymous · 0⤊ 0⤋