Definition of Middle Class

• 📊 The original definition of middle class referred to wealthy merchants or factory owners in early modern Europe.
• 🚫 Today, the term describes people who are not extremely wealthy but not poor, with a broad and practically useless definition.
• 🤔 The middle class is often associated with a certain lifestyle, including a regular home, two cars, and a vacation once a year.
• 📈 However, this lifestyle is unaffordable for many people, even those with high incomes, in areas with a high cost of living.