Question

A ______ is a group of people who share a similar economic position in society based on their wealth and income.

Answer 1

A social class is a group of people who share a similar economic position in society based on their wealth and income.

What do we know about a social class?

Social class, commonly known as class, refers to a group of people who have the same socioeconomic level. The idea of class, which refers to a group of people who share comparable economic circumstances, is significant in social theory and has been utilized extensively in censuses and studies of social mobility.

The term class initially became widely used in the early 19th century to describe the main social hierarchical divisions, taking the place of terms like rank and order. This usage was a reflection of how western European society had changed as a result of the political and industrial upheavals of the late 18th century.

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