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The decline of America's middle class can be attributed to several interrelated factors, including globalization, the shift of manufacturing jobs overseas, and the rise of technology that has automated many jobs. Additionally, wage stagnation and rising living costs, particularly in housing and healthcare, have further strained middle-class finances. Economic policies favoring wealth accumulation at the top, alongside tax reforms that disproportionately benefit the wealthy, have also contributed to the shrinking of the middle class. These elements combined have led to increased economic inequality and reduced opportunities for upward mobility.
What else can I help you with?
What social class expanded as a result of Industrialization?
The middle class
Is a medical doctor upper class or middle class?
Upper middle class
What is the history middle class?
The American middle class is a social class in the United States.
Voyage carrying slaves to the Americas?
middle passage
Napoleon Bonaparte in the middle class?
He came from an upper middle class family.
Who were the first progressives?
middle class whites-apex
Bourgeoisie means _______. A+?
The capitalist class
How do you use the word middle class in a sentence?
There is rich, middle class, and poor. I, myself, am middle class.
What are some social classes?
low class, middle class, upper class/high class
What describes Europe's middle class during the 1500 and 1600?
they raised new crops from the americas i think gud luck though
What was merchant class in the middle ages?
Middle class
Bourgeoise refers to the class of people that?
Middle class to upper middle class .
What social class expanded as a result of Industrialization?
The middle class
Is a medical doctor upper class or middle class?
Upper middle class
The middle class grew out of a social class known as?
The Bourgeoisie is the Middle class that grew out of social. Untouchables were Middle Class. Helots and Serfs were Lower class.
What happened to the middle class in the 1950s?
The middle class grew
What is the history middle class?
The American middle class is a social class in the United States.
