Economic classes refer to the divisions within a society based on wealth, income, and social status. Typically, these classes are categorized into three main groups: the upper class, middle class, and lower class. The upper class consists of individuals and families with significant wealth and resources, while the middle class includes those with moderate income and education. The lower class often faces economic challenges and may struggle to meet basic needs. These economic classes can influence various aspects of life, including access to education, healthcare, and job opportunities. Factors such as income, education, and occupation play a crucial role in determining an individual's or family's economic class. Understanding these divisions helps in analyzing social dynamics and addressing economic inequalities.