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  • 04-03-2018
  • Social Studies
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What are the two subdivisions members of the capitalist class are divided into?

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  • 13-03-2018
The two subdivisions members of the capitalist class are divided into "Old" money and "new" money . The terms describe different classes of people. 
 The class "old" money are people who are part of long-established, upper-class families and their wealth  is not quickly gained, but  has been inherited over several generations. "New"money  on the other hand is the class of people who have made their money recently (entrepreneurs, entertainers or athletes.).
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