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Is there a correlation between the growth of the middle class in China and the decline of the middle class in the US?
Wiki User
∙ 12y ago
Yes, there is only a certain amount of 'wealth' that the world can sustain and if people that were not wealthy in one place become more wealthy then people in another place have to get less wealthy.
Wiki User
∙ 12y ago
There is no direct correlation between the growth of the middle class in China and the decline of the middle class in the US. Both countries' economic conditions are influenced by a variety of factors, including domestic policies, global economic trends, and technological advancements. While there may be some interconnectedness due to the global economy, the situations are largely independent of each other.
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Argentina is one of the few countries in which about of its population belongs to the middle class?
About two-thirds of Argentina's population belongs to the middle class, making it a significant portion of the country's demographic. The middle class in Argentina plays a crucial role in driving economic growth and social stability within the country.
How was the middle class viewed by the rich?
The middle class was often seen by the rich as aspiring to attain wealth and social status like them, but lacking refinement and sophistication. They were perceived as important for driving economic growth, yet not fully accepted into elite social circles. The rich saw the middle class as a stepping stone in society rather than equals.
What are the dangers of a shrinking middle class?
A shrinking middle class can lead to increased income inequality, reduced economic mobility, and societal instability. It may result in decreased consumer spending, which can negatively impact economic growth. Additionally, a weakened middle class can strain social safety nets and lead to greater political polarization.
How the persons in between the age of 20-30 are called as?
Individuals between the ages of 20-30 are commonly referred to as young adults or millennials.
The traditional status and power structure has made the growth of what class is very difficult for most Latin American countries?
The growth of the middle class has been difficult due to persistent inequalities and limited social mobility. Factors such as unequal distribution of wealth, limited access to quality education and opportunities, and a history of favoring elite interests have contributed to this challenge in many Latin American countries.
Why are they called the middle ages?
Because it was a period between the decline of rome and renaisance.
What are the causes of absolutism?
3 CAUSES support of the nobles beneath him. heavy taxes the growth of army's
What were the signs of decline in the middle east and in CHINA?
what were the sings of declin in decline in the middle east and china
What is a correlation on a scatter graph in maths?
it is the line in the middle of the crosses
Was Feudalism declined in the late Middle Ages?
No, feudalism flourished between 900 and 1500, but then started to decline at a steady pace.
What was the far reaching effect of the crusades?
the growth of trade between Europe and the middle ages.
Why did the middle east decline in 1788?
The Middle East declined in 1788 due to Ottoman rule.
When did feudalism decline in the middle ages?
No Idea that is what I am trying to figure out
Did the development of the middle class signal a decline in the importance of nobility?
the answer is true
Positive effect of the crusade?
Some positive affects were that it helped feudalism to decline, increase trade between the middle east and it hepled spread cultural diffusion. =] your welcome
Do narcissists generally come from large families?
No. Narcissists can be only children, middle, large families. No correlation.
How has population growth affected the movement of people in Middle America?
Population growth has affected Middle America because they have had to build more homes.
