People in social classes with greater power attempt to cement their own positions in society and maintain their ranking above the lower social classes in the social hierarchy. Social classes with a great deal of power are usually viewed as elites, at least within their own societies.
Debt Burden Ratios. This is the ratio of debt burden to income. For example, if you pay Â£2,000 in debt interest and have an income of Â£40,000. If you a country has a debt burden of Â£100bn and pays debt interest of Â£60bn.
Definition of Debt Burden: Debt burden is the cost of servicing debt. For consumers it is the cost of interest payments on debt. The debt burden will be higher for credit cards and loans with high interest. The debt burden on mortgages will be relatively lower compared to value of loan. For countries the debt burden is the cost of servicing the public debt. Most of this debt burden is a really transfer from one generation to another. However, National debt can be a real debt burden because: 1  If the debt is held externally.