Economic class refers to a group of people who share similar economic status, often determined by factors such as income, wealth, education, and occupation. Commonly categorized into upper, middle, and lower classes, these divisions can influence access to resources, opportunities, and social mobility. Individuals in different economic classes may experience varying lifestyles and levels of comfort. For example, those in the upper class typically have significant wealth and access to high-quality education, while those in the lower class may face financial challenges and limited access to essential services.