How Important Is The Middle Class? The middle class is important because it drives transformation and innovation. … As for the lower class, while they may be willing to innovate, the opportunity to do so is limited. Think about the financial and human capital necessary to transform a scientific discovery into an economic innovation. How
What Is Considered Being Poor In The US? People and families are considered poor when they lack the economic resources necessary to experience a minimal living standard. Official U.S. Census Bureau statistics estimate that 40 million persons, 12.3 percent of the total population, were poor in the United States in 2017. What income is poor
What Is Considered Lower Class In America? For a family of three, that ranges from $40,100 to $120,400 for 2018 incomes in a recent Pew study. The lowest-income group earned less than $40,100 for a family of three while the highest-income households had incomes topping $120,400 in 2018 dollars. What jobs are considered lower class?