What social class are you? Hundreds of millions of people around the world are escaping poverty and becoming middle class.
In Asia, there's a huge increase in the number of consumers - people with more money to spend. What does this mean for the future?
In 6 Minute English, Rob and Neil discuss the language behind being middle class.
Vocabulary
- obsession
something or someone you think about all the time
- possessions
- privileged
having opportunities and advantages that some other people do not have
- disposable income
money that is left after paying for everyday things like bills
- well-off
having enough money to live well
- consumers
- income
money someone gets for working or from investing money
- industrialisation
changing to an economy based on industry
- credit crunch
economic problem where banks don't lend much money
- upgrading
improving/making more advanced
- consumer society
a place where people think that buying and owning things is very important
- upbringing
how someone is treated and educated when they are young - and how this affects their life