The Three Social Classes

According to the Marxist approach, class is “a group of people with a common relationship to the structures of political and economic power within a particular society.” People are classified according to the amount of money they own because the social class system has to do with wealth, and according to Max Weber class is determined by “economic position”. People who belong to the same social class are believed to have numerous experiences in common, such as the level of education, the interests, the beliefs, perspectives, and the lifestyle. Karl Marx believes that the modern society has two dominant classes. The bourgeoisie “the upper class” and the proletariat “the lower class”.
The American society is thought to have three social classes.