Friday, 20 February 2015

What is middle class?

Social class usually comprising of white-collar (non-manual) workers, lower-level managers, and ...

 
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Friday, February 20, 2015
 
Term of the Day

middle class

Social Class usually comprising of white-collar (non-manual) workers, lower-level managers, and small business owners, often constituting about one-third of the employed population of a country. The income of this class is higher than that of the working-class but lower than that of the upper-middle class (doctors, engineers, lawyers, middle-size business owners) and upper class.
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Usage Example
The rich get richer and the middle class get poorer.
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Question:
Fixed minimum number of eligible members or stockholders (shareholders) who must be present (physically or by proxy) at a meeting before any official business may be transacted or a decision taken therein becomes legally binding.
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