THEMES // EMERGING MIDDLE-CLASS // GLOBAL SOCIETY, 2-INCOME HOUSEHOLD & GLOBAL WEALTH
An Increasingly Integrated Global Society
  • Within the U.S. and Europe, regional differences, attitudes, incomes, and lifestyles are blurring as global trade carries people from one area to another.
  • Inter-racial marriage also continues to mix cultures geographically, ethnically, socially, and economically.
  • Minorities are beginning to exert more influence over national agendas as the growing number of minorities in the U.S. is mirrored by the expanding population of refugees and former �guest workers� throughout Europe.

The Boom In Two-Income Households

  • In 75% of U.S. households, both partners worked full time in 2006, up from 63% in 1992.
  • In Europe, dual-income households now outnumber single-income households by about two to one. Countries in northern Europe tend to have a higher percentage of dual-income households than those in southern Europe.
  • Growing numbers of grandparents are raising their grandchildren, providing an inexpensive childcare option for parents seeking increased prosperity through dual incomes.

Technology Is A Major Driver of Global Wealth
  • As late as the 1940s, the product cycle (idea, invention, innovation, imitation) stretched to 30 or 40 years. Today, it seldom lasts 30 to 40 weeks.
  • 80% of the scientists, engineers, and doctors who ever lived are alive today � and exchanging ideas in real time on the internet.
  • It is estimated that, at current rates, all of the technical knowledge we work with today will represent only 1% of the knowledge that will be available in 2050.