How The Rising Middle Class Is Changing Brazil

Subscribe! http://bitly.com/1iLOHml In the last decade, more than 40 million Brazilian citizens entered the middle class, known as "Class C". So, what is Class C?

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Brazil’s economy is changing, and its people are changing with it. Over the past decade, more than 40 million Brazilian citizens have entered the middle class. This emerging class, known as “Class C”, currently makes up more than half of the population, and wields significant power. So, what is Brazil’s Class C? And how is it changing Brazil? Well, Brazil’s socioeconomic classes are rigidly structured based on monthly income. The classes are ranked from A to E, and were originally used as descriptors for marketing research. The wealthiest group, Class A, earns more than $3,365 [USD] per month, while the poorest, Class E, earns less than $336.50. And in between, you’ve got Class C making between $700 to $1,700 per month. That may not seem like middle class material in the Unit...
How The Rising Middle Class Is Changing Brazil
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