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- The upper class is characterized by12:
- Vast accumulated wealth
- Significant control over corporations and political institutions
- Privilege that is usually inherited
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The term “upper class” carries connotations of opulence, privilege, and influence. This segment of society, perched at the apex of the social hierarchy, warrants closer scrutiny to understand its historical roots, changing composition, and multifaceted impact on modern society.www.supermoney.com/encyclopedia/upper-classA commonly used model for thinking about social classes in the U.S. attributes the following general characteristics to each tier: the upper class has vast accumulated wealth and significant control over corporations and political institutions, and their privilege is usually inherited; the corporate elite consists of high-salaried stockholders, such as corporate CEOs, who did not necessarily inherit privilege but have achieved...
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