The major reason for the decline of the middle class is the decline of middle-income jobs,often because of technological change.

Question

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Studies have shown that the decline of the middle class can largely be attributed to the disappearance of middle-income jobs, which often result from technological advancements and globalization. As technology continues to advance, certain jobs become obsolete or can be automated, leading to a shift in the job market and a decrease in middle-class opportunities.

The Major Reason for the Decline of the Middle Class