economic class - meaning and definition. What is economic class
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What (who) is economic class - definition

HIERARCHICAL SOCIAL STRATIFICATION
Class system; Class (social); Low class; Socioeconomic class; Socio-economic class; Class society; Social classes; Social division; Lower classes; Class background; Economic spectrum; Socio-economic group; Upper lower class; Middle lower class; Social rank; Economic class; Class System; Class structure; Social Class; Class interest; Lower social class; Class (society); Class (sociology); Base (social class); Low social class; Social category; Social categories; Economic classes; Class differences; Education and social class; Social class and education; Ethnicity and social class; Health and social class
  • Burmese]] nobles and servants
  • In many countries, the lowest stratum of the working class, the [[underclass]], often lives in urban areas with low-quality [[civil services]]
  • Moor]] servant
  • war chief]]. ''The Earth and Its Inhabitants'', 1892
  • Slave beating in ancient Egypt
  • A symbolic image of three orders of feudal society in Europe prior to the [[French Revolution]], which shows the rural third estate carrying the clergy and the nobility

Social class         
A social class is a grouping of people into a set of hierarchical social categories, the most common being the upper, middle and lower classes. Membership in a social class can for example be dependent on education, wealth, occupation, income, and belonging to a particular subculture or social network.
Economic problem         
FUNDAMENTAL PROBLEM OF ECONOMICS, SATISFYING UNLIMITED WANTS WITH LIMITED RESOURCES
Basic Economic Problem; Basic economic problem; Economic Problem; Three economic problems; Economic question; Economic problems
Economic systems as a type of social system must confront and solve the three fundamental economic problems:Samuelson, P. Anthony.
Economic freedom         
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FREEDOM TO PERFORM ECONOMIC ACTIONS
Economic Freedom; Economic freedoms; Individual economic freedom; Individual economic liberty; Monetary freedom; Monetary liberty; Economic liberty; Economic individual freedom; Commercial freedom; Socialist views on economic freedom
Economic freedom, or economic liberty, is the ability of people of a society to take economic actions. This is a term used in economic and policy debates as well as in the philosophy of economics.

Wikipedia

Social class

A social class is a grouping of people into a set of hierarchical social categories, the most common being the upper, middle and lower classes. Membership in a social class can for example be dependent on education, wealth, occupation, income, and belonging to a particular subculture or social network.

"Class" is a subject of analysis for sociologists, political scientists, anthropologists and social historians. The term has a wide range of sometimes conflicting meanings, and there is no broad consensus on a definition of "class". Some people argue that due to social mobility, class boundaries do not exist. In common parlance, the term "social class" is usually synonymous with "socio-economic class", defined as "people having the same social, economic, cultural, political or educational status", e.g., "the working class"; "an emerging professional class". However, academics distinguish social class from socioeconomic status, using the former to refer to one's relatively stable sociocultural background and the latter to refer to one's current social and economic situation which is consequently more changeable over time.

The precise measurements of what determines social class in society have varied over time. Karl Marx thought "class" was defined by one's relationship to the means of production (their relations of production). His understanding of classes in modern capitalist society is that the proletariat work but do not own the means of production, and the bourgeoisie, those who invest and live off the surplus generated by the proletariat's operation of the means of production, do not work at all. This contrasts with the view of the sociologist Max Weber, who argued that "class" is determined by economic position, in contrast to "social status" or "Stand" which is determined by social prestige rather than simply just relations of production. The term "class" is etymologically derived from the Latin classis, which was used by census takers to categorize citizens by wealth in order to determine military service obligations.

In the late 18th century, the term "class" began to replace classifications such as estates, rank and orders as the primary means of organizing society into hierarchical divisions. This corresponded to a general decrease in significance ascribed to hereditary characteristics and increase in the significance of wealth and income as indicators of position in the social hierarchy.

Examples of use of economic class
1. Our economic thinking is largely determined by our economic class.
2. Obama, he decided, could create a United States less divided by economic class and ethnicity.
3. Back during Vietnam, "the top [economic class] had access for means of staying out of the military," said Segal.
4. Even in urban areas, where education and economic class increasingly override caste, discrimination continues in subtle forms.
5. In Kenya, there are 50 tribes, or ethnic groups, with members sharing similar physical traits and cultural traditions, as well as roughly the same language and economic class.