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- The upper class refers to a group of individuals who occupy the highest place and status in society12. Here are some facts about the upper class:
- Individuals who make up the upper class have higher levels of disposable income and exert more control over the use of natural resources1.
- This class makes up a small percentage of the overall population but controls a disproportionately large amount of the overall wealth1.
- The upper class is generally distinguished by immense wealth which is passed on from generation to generation2.
- Prior to the 20th century, the emphasis was on aristocracy, which emphasized generations of inherited noble status, not just recent wealth2.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Key Takeaways
- The term upper class refers to a group of individuals who occupy the highest place and status in society.
www.investopedia.com/terms/u/upper-class.aspUpper class in modern societies is the social class composed of people who hold the highest social status, usually are the wealthiest members of class society, and wield the greatest political power. According to this view, the upper class is generally distinguished by immense wealth which is passed on from generation to generation. Prior to the 20th century, the emphasis was on aristocracy, which emphasized generations of...
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