Middle Class Essay

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Living standard and the middle class have become important to identify appropriate development priorities of developing countries. People’s well-being is the outcome of democratization and globalization in this recent period. Generally, globalization seems to decrease income inequality and increase social well-being with the economic development in a country (Wickrama and Mulford, 1996). Some scholars claimed that globalization has given people more careers and opportunities to earn money. Developing countries have expanded their businesses and the evolution of industrialization to the Third World. As Lipton (1977) stated, many developing countries have increased foreign investments as twice as the agricultural sector and these investment have …show more content…

It is clear that the middle-class people are the product of states’ education that managed by the government so they prefer an improvement of economic policies for their lives (Jones, 1998). In the democratic system, the middle class has a high performance in political participation which starts demanding the political rights to accompany economic wealth. A larger middle class led to increase the possibility of the changed policies supporting democratic development (Huntington, 1991). Jones (1998) supported that they have stimulated the governments to take responsibility of attracting economic investment and avoiding mistakes in economic development. As being skilled labours, the middle class has more opportunities in getting jobs than the poor are unskilled labours. As a consequence, the middle class has grown larger and become the majority of people in society. It seems like the middle-class people are advantaged from a liberalization trade model in this globalization period, whereas, the poor have been suffered with macro-economic crisis. Obviously, the Third World has gained benefits in developing its economy from the impact of globalization, but there is still a social inequality among individuals in society due to an increase of the middle

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