ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The Industrial Revolution created this new middle class, or bourgeoisie, whose members came from a variety of backgrounds. Some were merchants who invested their growing profits in factories.

Detailed explanation-2: -Second, the middle class grew. The growth of the businesses and factories created more jobs. The middle class assumed the occupations of merchants, shopkeepers and accountants. They were able to take advantage of affordable amenities like furniture and fine clothing.

Detailed explanation-3: -The middle class lived a comfortable life by benefiting the most from the Industrial Revolution. Their homes were well-built and well-furnished, on paved streets with a constant water source. Middle-class women hired servants, didn’t perform physical labor, or work away from home.

Detailed explanation-4: -Sociologists generally posit three classes: upper, working (or lower), and middle. The upper class in modern capitalist societies is often distinguished by the possession of largely inherited wealth.

Detailed explanation-5: -The middle class or middle classes are the people in a society who are not working class or upper class. Business people, managers, doctors, lawyers, and teachers are usually regarded as middle class.