In: Operations Management
Briefly describe each level of the social class ladder. Which area of the social class do you fall into? What are the characteristics that define this part of the social class ladder? Assignment should be 2 full paragraphs
Social class indicates a group of people belonging to same wealth category, There are many types of social class in the ladder.
1.lower class.: They are the people having low wealth, they can be simplified as poverty, educators etc. Thee people in this class cannot afford to study, buy medicines, buy staples etc, very hard to survive, such category generally contains beggars, theifs etc.
2. Working class.: These working-class groups are generally maids, waiters, drivers, plumbers etc they are minimally educated, usually are underpaid and have no opportunity for career advancement. they are called blue collar workers.
3.Middle class.: The middle class is the “sandwich” class. These white-collar workers have more money they are educated as well they are again divided to two categories upper middle class generally containing doctors lawyers, Software employees etc, and lower middle class generally containing general managers, small grocery store owners, teachers etc
4.Upperclass: They are very rich The upper?upper class includes those “high?society” families with old money who have been rich for generations. The lower?upper class includes those with new money made from investments, business ventures.
I generally belong to Upper middle-class category my fathers work as a lawyer and mom set up her own business, I am well settled with what I have and I am in a situation that I can be able to serve 1%the needy.