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Social Class And Middle Class Essay

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Dear Professor Matthews and Classmates,

Money is the one object or possession that drives our country and many others. But how does it affect us socially? Economic status’ lines are drawn quite deep, these groups are the upper class, the middle class, the working class, and the poor. The middle class and working class make up the majority of the United States. Income and wealth are the influences within these groups that fluctuates each section. When people hear the word income they take in mind one’s financial status. The word income is the money a person receives by working or transfer such as birthday gifts, inheritance from a grandparent or parent, and even government checks. Wealth on the other hand by definition is a person or family’s net worth. Wealth …show more content…
Wealth is really everything one owns without the mortgages and credit. Unfair principles can arise from families with wealth. A good example of how money or wealth can taint fairness in this country is Teresa and Joe Giudice. These stars of Real Housewives of New Jersey series were very wealthy and had many high class items. This couple was found to have filed for bankruptcy and mortgage/bank fraud unlawfully leaving them a one way ticket to jail but only one year for Teresa and 3 for Joe. I have seen non-famous people go to jail for many more years for this act than they were ruled especially with multiple financial charges such as these. Health wise also wealth plays a key role. Food prices are always up and down no matter the store. But it seems fresh food or the healthier food such as vegetables or fruit is more expensive to the consumer. This puts the wealthy consumer at an advantage and a head start to achieving better health over the poor consumer. The advantages that the wealthy have over the middle, working, and poor economic statuses is continuing to increase in the United States and

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