WGBH CPB
The Economic Impact of a Changing Middle Class

Neither Rich nor Poor

How do you define the middle class? Kai Ryssdal, host and senior editor of Minnesota Public Radio’s Marketplace, knows the numbers economists use. He’ll share these and others as you examine the middle class and its influence on America’s economy.

Economists generally segment the American people into three economic classes: the rich, the poor, and the middle class. Listen to any president or politician, and they’re sure to say that the foundation of the American economy has been—and remains—the middle class. 

In simplest terms, the middle class is made up of those who fill the gap between the rich and the poor. In statistical terms, who are the middle class in America today, and why do they matter to the economy?

What You'll do

In this lesson, you’ll analyze economic data presented in media and graphs as you examine the following questions:

  • In economic terms, what does it mean to be “middle class”?
  • What role does the middle class play in our economy?
  • How do changes in the middle class impact economic growth?

You will view videos, listen to an audio clip, examine graphs and charts, and write short responses to questions. At the end of the lesson, you’ll provide your own response to the question, Why does a shrinking middle class matter?

Take Notes

Before learning what economists think, let’s hear from you. Write down what you already know about the following:

  • How would you define middle class? Consider the income, possessions, and lifestyle of a middle-class family.
  • What percentage of the American population do you think is middle class today?

(Click SAVE when you have finished. To see your saved or submitted work again, click MY WORK at the top of the page.)