The rise of the middle class

The rise of the middle class refers to a growing segment of people who have basic needs met, such as comfortable living standards, education, and access to healthcare, but are not wealthy. This shift happened due to economic growth, industrialization, and urbanization, which created more jobs and opportunities for a larger portion of the population. As incomes increased, more people could afford better housing, consumer goods, and education, leading to a broader, more stable middle-income group. This change often results in improved social stability, economic consumption, and greater demand for goods and services.